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Question: What do you think, what will be the price of Bitcoin on January 1, 2019
< 5000$ - 1 (4.8%)
5000-6000$ - 1 (4.8%)
6001-7000$ - 5 (23.8%)
7001-8000$ - 2 (9.5%)
8001-9000$ - 1 (4.8%)
9001-10000$ - 1 (4.8%)
10001-15000$ - 10 (47.6%)
15001-20000$ - 0 (0%)
> 20000$ - 0 (0%)
Total Voters: 21

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Author Topic: The collective forecast of the price of Bitcoin on January 1, 2019  (Read 548 times)
ramirkz (OP)
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October 25, 2018, 07:39:37 AM
 #1

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?

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October 29, 2018, 06:29:07 PM
Merited by ramirkz (1)
 #2

I am hoping for a $10000 value by the end of this year and prevailing at least through Q1 of 2019. Fingers crossed.
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October 29, 2018, 06:35:32 PM
Merited by ramirkz (1)
 #3

I think the price will remain in between $7000-$8000 by the end of this year. So in 1st January the price will continue the same way and hopefully through Q1 of 2019.
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October 29, 2018, 06:35:49 PM
Merited by ramirkz (1)
 #4

It will be around 7000$ in my opinion. The price is moving around 6500$ for a long period now. As it is showing signs to improve recently, 7000$ is what I guess.
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October 29, 2018, 06:36:06 PM
Merited by ramirkz (1)
 #5

I think it will over $7000. It has been customary for couple of years now that bitcoin price increases in this period of time.
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October 29, 2018, 07:38:10 PM
Merited by ramirkz (1)
 #6

I said 7000-8000. I think it'll hang around the bottom into early next year before the market finally decides to start a new bull market. I think it'll mostly be in the 6000s until then but could see it being in the 7000s for a few weeks after BAKKT in mid-december.
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October 29, 2018, 09:04:15 PM
Merited by ramirkz (1)
 #7

I said 7000-8000. I think it'll hang around the bottom into early next year before the market finally decides to start a new bull market. I think it'll mostly be in the 6000s until then but could see it being in the 7000s for a few weeks after BAKKT in mid-december.

I agree with such prediction ans don't expect some biger price growth. 10000$ would be nice to see but as the market looks now this is only desire.
Maybe later in the year some more significant changes will occur but so far I don't have big expectations. The end of last year will not repeat and I think that the bigest optimists are now very well aware of this.

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October 30, 2018, 03:19:00 AM
Last edit: October 30, 2018, 04:57:40 AM by applefresh
 #8

Study historical data of bitcoin, I found that it is always on the rise, At eht end of each year. I think it will be between $9000 to $10000, New Year's Day next year
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October 30, 2018, 05:14:25 AM
Merited by Wind_FURY (1)
 #9

i believe we will see a rise before the year ends but i am not sure if we can see the big resistance at $10k be broken which is why i would say a price in range of $8k to $10k is the most possible scenario. specially with Bakkt news on the way.

The price of Bitcoin is tied to stocks, the dollar and other various factors.

not really. bitcoin has always moved on its own. it may sometimes move in opposite of Stocks market but that is not big enough or common enough to form a real connection.

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October 30, 2018, 06:31:04 AM
 #10

I think in January 2019 , we would be talking of $12,000 or $15,000 in bitcoin pricing.  If all things been equal and the summary of the people predictions happened then now is the right time to buy or invest in some of the cryptocurrencies that are currently very cheap.
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October 30, 2018, 06:35:55 AM
 #11

The price of Bitcoin is tied to stocks, the dollar and other various factors.

How strongly are the "tied" together? Present the data showing, and proving that it's true before making statements based on nothing but assumptions.


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October 30, 2018, 07:12:46 AM
 #12

The price of Bitcoin is tied to stocks, the dollar and other various factors.

How strongly are the "tied" together? Present the data showing, and proving that it's true before making statements based on nothing but assumptions.



I meant - many experts tie the course of Bitcoin to various factors. Personally, I am not) Therefore, I can’t connect the data to confirm availability.

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October 30, 2018, 10:12:32 AM
 #13

The price of Bitcoin is tied to stocks, the dollar and other various factors.

How strongly are the "tied" together? Present the data showing, and proving that it's true before making statements based on nothing but assumptions.



I meant - many experts tie the course of Bitcoin to various factors. Personally, I am not) Therefore, I can’t connect the data to confirm availability.

of course price of literary anything in the world is tied to other "factors" and takes effect from a lot more. the world is interconnected. but in case of bitcoin this connection between it and stocks does not exist and I have not seen any experts make that connection to be honest.
what I have heard has been a speculation or two that during some stock market drops bitcoin price should rise.

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October 30, 2018, 01:41:02 PM
Last edit: October 31, 2018, 09:39:55 AM by Lucius
Merited by LFC_Bitcoin (2)
 #14

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?

What else to expect after such big correction we have after last pump? That so-called experts are right with caution, they do not want to give some kind of wild speculations so that people can laugh at them after few months - especially if they do not have a basis for them.

But if you like to read some prediction for January 2019 by some experts here are some of them :

Quote
Alexander V. van Dijl, Financial expert:

At the beginning of this year I predicted a bitcoin value of 150.000. While that seems like a lot today, I believe some firm price movements will take place in the (very) near future. Something big will happen, perhaps a large retailer will accept bitcoin, perhaps adult advertising will accept bitcoin as payment. Something big will happen that will cause the price to skyrocket again. 150.000 is my prediction for January 1st.

Quote
Eric Brown, Founder and CEO of Aliant Payment Systems:

My Bitcoin price prediction for 1 January 2019 is $23,000.We were practically at this price once, and we know what it takes to get it back there. We are very much in the infancy of this type of currency, and as technology grows, so does the value of the currency. The future is technology and Bitcoin is the currency of that technology.

Quote
Danny Scott, CEO and Co-Founder at CoinCorner:

Based on our existing data combined with industry trends, we predict the price of Bitcoin will level around $15,000 by 1st January 2019. We take this view as the industry is growing at a healthy rate, with the retail market developing steadily and considerable new interest from high net worth individuals and institutions being recorded.

Read more : 16 Predictions for the Bitcoin Price from Industry Experts

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October 30, 2018, 01:59:38 PM
 #15

@Lucius - Those predictions seem ridiculous, especially the $150,000 per coin one but you know what, as a bitcoin HODLER obviously I’d LOVE any of those 3 predictions you posted to come true. Even the $15,000 one would be amazing right now Smiley

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October 30, 2018, 02:11:04 PM
 #16

The price of Bitcoin is tied to stocks, the dollar and other various factors.

How strongly are the "tied" together? Present the data showing, and proving that it's true before making statements based on nothing but assumptions.



I meant - many experts tie the course of Bitcoin to various factors. Personally, I am not) Therefore, I can’t connect the data to confirm availability.

Maybe one good case is the recent crash of stock market that trickle to crypto, I think it started from EU then quickly affected the US and Asian stocks  and the domino effect reaches crypto as well. I'm looking for the article and will try to update this thread. And I've seen it discussed in this community as well  Grin

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October 31, 2018, 09:14:54 AM
 #17

@Lucius - Those predictions seem ridiculous, especially the $150,000 per coin one but you know what, as a bitcoin HODLER obviously I’d LOVE any of those 3 predictions you posted to come true. Even the $15,000 one would be amazing right now Smiley

$15000 is nothing really specially since this is a price that was reached and passed not so long ago. and even psychologically speaking it would be easily possible to reach it.
apart from that, $15k can be considered a small rise after this gigantic drop of nearly 70% which has brought bitcoin to an under priced place.

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October 31, 2018, 09:54:15 AM
 #18

@Lucius - Those predictions seem ridiculous, especially the $150,000 per coin one but you know what, as a bitcoin HODLER obviously I’d LOVE any of those 3 predictions you posted to come true. Even the $15,000 one would be amazing right now Smiley

I fully agree that some of these prediction are not realistic for the beginning of the next year, but I think the majority of them was actually based on possible BTC ETF, and others are just speculating that something big could happen, although they do not know what that would be.

We all know that only one crazy month can push price two to three times up from where is it now, but I doubt that it could happen this year. For me personally 10 000 $ for the beginning of the next year would be quite nice price.

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October 31, 2018, 10:15:44 AM
 #19

I think the price will still be in the 6000-7000 region based on the fact that it's not moved out of that region for nearly 8 months, and there's little to suggest that will change in the coming months. I hope I am wrong and I am optimistic a bullish momentum will be coming some time in 2019 but I'm not sure exactly when.

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November 01, 2018, 11:15:02 AM
 #20

i believe we will see a rise before the year ends but i am not sure if we can see the big resistance at $10k be broken which is why i would say a price in range of $8k to $10k is the most possible scenario. specially with Bakkt news on the way.

The price of Bitcoin is tied to stocks, the dollar and other various factors.

not really. bitcoin has always moved on its own. it may sometimes move in opposite of Stocks market but that is not big enough or common enough to form a real connection.
I would not actually expect the $10k resistance to be broken this year as well, and I feel one way or the other, there is a possibility we may get to have some consolidation within this range into next year, before we start seeing some up rise further. One way or the other though, I guess time will surely give us the right answers eventually. This is why I believe that one way or the other, the altcoins will be the ones making the first big move this year, then bitcoin will take the big move towards early next year, I might be wrong, it is all speculations anyway, as no one knows the future.

The price of Bitcoin is tied to stocks, the dollar and other various factors.
How strongly are the "tied" together? Present the data showing, and proving that it's true before making statements based on nothing but assumptions.
The thing with a lot of people is that they really just love tying something to the other, based on how they just want to feel, but there is nothing tied here as far as I am concerned. Although, a lot of people believe that with the stock market taking deep correction, the institutions may start looking for another well dropped market to take advantage of, which in this case, the crypto market might be taking the win. However, it is still something we cannot just assume things to always be like that, considering that this is cryptocurrency market and it basically just moves on its own one way or the other.
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