Bitcoins 2018 speculations that will make you LOL!

[o_e_l_e_o]

I think we'll move well into six figures next time around. I also don't expect it to happen for another 2-3 years.

Don't get me wrong, I'd love for the price to go that high, but I don't think it's a realistic target for another bull run which is based mostly on speculation and trading. That kind of fiat value will only be reached (IMO) when we see widespread adoption and the frequent, daily use of bitcoin, which I think is probably another decade away at least.

[South Park]

Luckily I'm not so famous, but I predicted/expected 50k and I also reached the point I'm afraid of making predictions anymore.
It's easy to predict. Anyone can do it. It's much harder to actually predict it right.
And yes, investing by others' predictions is simply lottery.

You are not alone when it comes to making mistakes when it is the time to make predictions, if anyone in the forum has made predictions in the past I can assure you that they got their fair share of mistakes, and as you may guess I am including myself among those people, I remember that in the year of 2017 my highest expectation for the price of bitcoin was 2000 so I was wrong by a very wide margin.

[exstasie]

I think we'll move well into six figures next time around. I also don't expect it to happen for another 2-3 years.

Don't get me wrong, I'd love for the price to go that high, but I don't think it's a realistic target for another bull run which is based mostly on speculation and trading. That kind of fiat value will only be reached (IMO) when we see widespread adoption and the frequent, daily use of bitcoin, which I think is probably another decade away at least.

I used to think that way too. The 2017 bubble changed my view of things. It really reinforced for me that these cycles are far more based on pure speculation than they are on actual adoption and network usage. Low liquidity combined with speculative mania creates a situation where there's really no limit on price. The price won't be sustainable at the highs of course......just talking about where the top might be.

Something else to consider is what trajectory adoption might take. It could be logarithmic (with persistently diminishing gains over time) or it could be exponential like an S-curve, which implies the largest percentage gains haven't been observed yet. In the S-curve scenario, Bitcoin could shoot to $13M a piece and I wouldn't be surprised.

[1Referee]

The lesson here is that even if you are a strong believer in BTC, you shouldn't be scared to make negative price predictions, it's not the same as FUD, it doesn't mean that Bitcoin is dying, it's simply a natural part of the market.

Some months ago you were labelled a fud spreader for saying that the price would drop below $6000, and a mega troll bear if you thought it would drop below the $5000 level. It just shows what sort of people we are dealing with here. People buy hoping that the price rockets up in one straight line. Correction? What's that? Bear market? Does that even exist?

People who are legit into this for the tech refrain from making silly predictions that most of the times is adjusted lower because it was too unrealistic. I like Tim Draper, he sticks to his predictions and doesn't back off one single moment. Regardless of who you are, you can't even tempt him to make a new prediction, which just proves that he's not interested in the short term market.

Tim has seen the best and the worst of the market. He's balls deep into it with his money. No cheap talk here.

[WinslowIII]

As the year 2018 is finally coming to end, and the so called experts and analysts are out giving their take on 2019 prices let's revind back and see some of the outrageous predictions of 2018.

1)Thomas Lee first predicted prices would touch 25k, later in the year he adjusted it to 13k and now he's not interested in making any more predictions lol.

2) Second on my list is John McAfee who tweeted bitcoins shall touch 1 million by 2020, which definitely won't be happening.

3) Third and last for now is Tyler Winklevos who predicted bitcoins prices to reach 1 Lakh dollars, and as we discuss we're no where close to even his predictions.

There're many others who predicted different numbers, but my point is simple no one can predict Bitcoins prices and buying solely on such predictions is suicidal.

 If you intend to buy bitcoins, I recommend you to do your own research, buy for the technology for it's features not based on people words hopefully you'll now make more informed choices going ahead.

You're an idiot. You have no idea what "definitely" will or won't be happening, anymore than anyone else here. Make fun all you want of those who have been proven wrong, but stfu about predictions based on times that haven't yet occured.

[wildey]

yes, it can be said that many predictions missed the price of bitcoin for this year, even many are not ready for low prices. seeing the speculation that already existed, of course it would be funny. well, but we can't blame that. however, that is only speculation. so when you have bitcoin, don't expect too much from high speculation.

[xuan87]

Well when we see the super speed rising on December 2017, some of us thought that Bitcoin is invisible, the correction is not going to make the price become half, and judge by the popularity and the interest of that time, it's really make sense to think that Bitcoin going to cross over 50k, but unfortunately the market said the other way, now a lot of people losing trust because the price keep on decline and the support level keep on dropping

[lablab03]

 All prediction made on this year are not reliable , usually reason why more people keep complaining and asking why always opposite happened .people nowadays are very  confused . Lol

[crzy]

All prediction made on this year are not reliable , usually reason why more people keep complaining and asking why always opposite happened .people nowadays are very  confused . Lol

There is no reliable predictions I think, and the OP is right that we should make our own research and invest only on the coins we believe in and not because of someone’s advice. This market will grow without making any predictions, don’t be confused just focus on your strategies and you will succeed on your investment.

[sheenshane]

All prediction made on this year are not reliable , usually reason why more people keep complaining and asking why always opposite happened .people nowadays are very  confused . Lol

There is no reliable predictions I think, and the OP is right that we should make our own research and invest only on the coins we believe in and not because of someone’s advice. This market will grow without making any predictions, don’t be confused just focus on your strategies and you will succeed on your investment.

You're right, still, the market is unpredictable so those people claiming who are expert in predictions most likely they are guessing the market price movement of gathering an idea on previous graph chart to have a prediction. Every one of us is free to predict market we have our own perspectives idea, so if you think that it's worth to hold for long-term in bitcoin investment then, you should.

[xuv500]

Speculations from the experts were really horrible experience, few said BTC might go more than 50k but here reaching 5k has become impossible. So there's no reasonable prediction.

[jonemil24]

i personally think $300k-$500k is possible, closer to 2021 based on previous cycle magnitude and the timing around halvings.

6 digits won't be impossible, if BTC will surpass the marketcap of gold. People may treat BTC as a currency, used for everyday exchange, buying anything on any local or online stores, but for me: it's a store of value, a new era of stock market. You can't buy a pizza with BTC yet, especially when there is a long line waiting on the counter. Amazon won't accept it too because of its volatile nature, businesses would have a heart attack with the sudden up and down of the price if they accept it.

@OP, what about Jamie Dimon and Warren Buffet? I never heard anything from them this 2018, I wonder why they became silent.

[b3j0]

Speculations from the experts were really horrible experience, few said BTC might go more than 50k but here reaching 5k has become impossible. So there's no reasonable prediction.

sometimes they make predictions that are impossible for popularity, many experts say if this year's bitcoin price will soar very high. but what happened ? do you understand what i mean ?

[2chase]

Trusting or not trusting media persons, And also people who are considered authoritative is a personal matter of each person, if you are not a professional in something and do not understand the current situation, then you need to listen to the opinion of authoritative people, but when as your experience grows, it becomes serious enough - you no longer need to listen to any authority in order to make the right assessment of the situation and the correct forecast yourself.

[bbc.reporter]

1)Thomas Lee first predicted prices would touch 25k, later in the year he adjusted it to 13k and now he's not interested in making any more predictions lol.

Luckily I'm not so famous, but I predicted/expected 50k and I also reached the point I'm afraid of making predictions anymore.
It's easy to predict. Anyone can do it. It's much harder to actually predict it right.
And yes, investing by others' predictions is simply lottery.

Your admission strengthens our assumption that those hedge fund experts only know as much as the forum experts of bitcointalk hehehe.

[NeuroticFish]

Your admission strengthens our assumption that those hedge fund experts only know as much as the forum experts of bitcointalk hehehe.

I don't consider myself expert. And even the experts cannot predict the future. And, like in meteorology, any prediction, more farther the future tries to depict, the more the chances it goes wrong.

[glowing10]

The expectation was too much despite knowing it is highly volatile and not every time market will keep on rising and this has being proven in this year. But one thing is clear people who were speculation to end, it is a bubble, will become 0, 100$ etc all failed and maker may infact bounce back and cross 10k as well again in coming 2019.

[gentlemand]

$100K seems paltry compared to past bubbles. I'll acknowledge that each bubble is getting smaller in magnitude, but a mere 5x above the previous ATH is aiming way too low. On the 2017 run, we topped ~16x above the previous ATH.

I think we'll move well into six figures next time around. I also don't expect it to happen for another 2-3 years.

Am I the only one who would prefer it if there wasn't another bubble? A nice steady rise over a long time would screw far fewer people and improve BTC's overall perception amongst those yet to arrive. I know that's not going to happen for a few more cycles yet but it would be better for all.

I retain an open mind about what future levels might look like. A 5x rise is still enormous and at that point we would have to put the idea of BTC being chicken feed in global terms to bed for good, but it all depends on the enormousness of the funds and people who arrive.

This is a neat summation of this year's predictions.

https://www.theblockcrypto.com/2018/12/31/here-comes-the-new-year-please-stop-irresponsibly-predicting-cryptocurrency-prices/

[o_e_l_e_o]

Am I the only one who would prefer it if there wasn't another bubble? A nice steady rise over a long time would screw far fewer people and improve BTC's overall perception amongst those yet to arrive.

I'm totally with you on that one. Everyone dreaming of hitting $50-100k in the next year or two is in the wrong mindset, as far as I'm concerned. Another rise that quickly will be based on pure speculation, as the rise at the end of last year was. The fall out from that is loads of people losing their money and rage-quitting out of crypto altogether, a new article every day claiming that bitcoin is dead, and derision amongst the outside world - "I'm so glad I'm not invested in bitcoin! Look at the price drop!" etc.

It would be both more healthy and more sustainable for slow, steady growth based on increasing use and adoption of bitcoin worldwide.

[iv4n]

If you intend to buy bitcoins, I recommend you to do your own research, buy for the technology for it's features not based on people words hopefully you'll now make more informed choices going ahead.

What to research about bitcoin, everything is explained million times, now its do you believe in that or not. Go back in time and for people who have been here a lot longer than us, what you think about them? In the end its always about believing in something. Will world adopt bitcoin or not? Maybe that will happen, maybe not? Do you think anyway can predict what will happen with 100% accuracy?
Better advice is if you intend to invest in anything I recommend not investing all you have, cause if it fails you will fail, invest how much you can afford, in that way you are secured for every possible scenario. Managing money is all about that.