Who later won in the price of Bitcoin in December 2018?

[Shiversnow]

I am sure that at the end of 2018 bitcoin will be able to reach $ 5k, I see there will be a little pump towards the end of the year. and I won't believe anymore with $ 50k. wtf 

We are now in the year 2019 and you can see that the price of bitcoin does not reach the price of $5000 in the end of 2018. $50000 is possible to happen but we to wait longer time where there will be another bull run that might happen in this year or in the year of 2020.

[exstasie]

All of the predictions from known experts have been incorrect.

There's no such thing as experts in this space, but I've seen some good predictions. Back in 2014, Tim Draper predicted $10K+ by 2017 and he was right. In the summer of last year, Arthur Hayes predicted $3,000-$5,000 which came true last month (although he has now revised the target even lower). Lucif (from this forum) made some incredible calls in his day: he called the April 2013 top, the July 2013 bottom, the December 2013 top, predicted a multi-year bear market in 2014 and then the 2017 bubble.

Most predictions will be wrong, but credit where credit is due.

[Kemarit]

Because at that time of their prediction, Bitcoin is still at it's peaked and those so-called "experts" think that the price can still go up even though all the showings of a bubble has been in front of their face but still, they maintained their position. Some of them have adjusted their predictions though, but it didn't take away the fact that they call out ridiculous price prediction when all the facts say that a imminent bearish trend is awaiting in 2018, LOL.

[MuffinMaster]

I am sure that at the end of 2018 bitcoin will be able to reach $ 5k, I see there will be a little pump towards the end of the year. and I won't believe anymore with $ 50k. wtf 

We are now in the year 2019 and you can see that the price of bitcoin does not reach the price of $5000 in the end of 2018. $50000 is possible to happen but we to wait longer time where there will be another bull run that might happen in this year or in the year of 2020.

Everyone who believes in blockchain and Bitcoin technology is investing in the long term and is waiting for $50,000 or much more, only when someone wants to earn quick, thinking about such short deadlines, which unfortunately ends just like the end of 2018 - very bad. Let's hope that 2019 will be better for short-term investors.

[JMD07]

There were plenty of speculations in January, when all was rosy. But even in the bear market, many still had the believe that we would see 50,000, some 20,000 and some said 5,000 but here we are at 3787 close to the end of December.

It's difficult to predict a highly volatile market as the price will depend to the actual supply and demand of the market. Many have confidence that they will predict that way but no one did it correctly. Yeah it's a speculative investment those people will predict to create hype or impact to a certain coin but the bearish market had been too much for last year.

[guoyu78]

There were plenty of speculations in January, when all was rosy. But even in the bear market, many still had the believe that we would see 50,000, some 20,000 and some said 5,000 but here we are at 3787 close to the end of December.

I think the "experts" are more like people who have a business in this space.
I mean they are still not "experts" but I wouldn't trust a person who just traded bitcoin or crypto for a while however I would listen a bit more carefully if a person who has been running a mining operation for 4 years now.

Hence, it means if the person talking is a crypto business owner he could be considered "expert" even tough he definitely has no upper advantage of any of us in price estimates. It just gives them a credibility that none of us can prove. You or I can't really show people what our estimates is and why we could be right and who we are to make that guess, but those people can.

I wouldn't invest into anything they say neither but I would at least "read" it instead of not even read it from other people. That's what I call an expert and not expert, if I read it than it must be from an expert.

[Slow death]

Being a hard-core bitcoin believer

 

I am still expecting prices to rally toward $5000 or at least above $4500 levels. That may have possibilities when some whales will be getting into new year parties and some other whales may decide to surprise us on new year eve (just full of my way of speculation and act as per your own ).

The "whales" are in the Bahamas to spend their vacations

If you go for checking trending trends around new year, usually by January 2nd or 3rd we do get big positive markets. Hopefully,history may repeat this year too.

last year the price began to fall from January to the end of the year

many wrong predictions

This is how speculations usually work, only 50% of chances to be accurate. Now wonders.

But they are fund managers, they should have a small percentage of error