[2019-02-10] Bitcoin to Rise 84% in 2019, Bitcoin ETF to be Eventually Approved

[cr1776]

You are right in that no one knows and everything is just guessing. The keys for 2020 and beyond are: use cases and the halving in 14-15 months constraint new supply (the last two times people expected supply to decrease right at the halving, but it took several months for it to show).

I remember dollar parity though and it was the same types of comments: $1 won't hold, then it will never get back to $1 (it had gone back below $1). Same at 30, 100, 200 and 1000. 

Who knows though. It will be worth a whole lot or very little in ten years, if use cases proliferate the former.

If Charlie Lee said the Earth was flat would this warrant a Press article here? Anyone can literally say a random figure they think bitcoin will go to but it's meaningless. Here's mine: Bitcoin will go up and also down in 2019.

Breaking News!

guybrushthreepwood has made the second bitcoin price prediction of 2019 as he stated on the bitcointalk forum:

Bitcoin will go up and also down in 2019

More as we get it.

Seriously, I would be very surprised if bitcoin ever gets to anywhere near its all time high again, but I'd prefer to be sceptical than naively optimistic waiting forever until bitcoin goes to the moon again.

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[Naida_BR]

I don't know why people are so obsessed with ETF approval.

I think it will harm the decentralization of the ecosystem and it will eventually bring more fluctuations in the Bitcoin price leading to more losses for people who are trading with small amounts of money (compared to the bigger players). We may see a rise but the fall it will be sharper after that.

[stompix]

Breaking News!

guybrushthreepwood has made the second bitcoin price prediction of 2019 as he stated on the bitcointalk forum:

Bitcoin will go up and also down in 2019

I'm going to really have a good laugh if BTC somehow manages to close the year at the same price as last year.  

In another price prediction, Ben Ritchie, CEO of Digital Capital Management and Fred Schebesta, HiveEx.com co-founder have said Bitcoin will attain 84% rise before the end of 2019, placing it at a price of $9500.

Looking at the numbers this was made somewhere in the 5000 area so right now we have to go close to 200% up from this point to reach the target. O really wonder why they did choose 9500 and not 9750 or 9250. Cheap dice set?

Fintech experts.... I don't think that any of these "experts" have any credibility left to even talk about the price, especially with how they back in 2017 and even 2018 failed with every one of their predictions.

They didn't have any in the first place, there is nobody that can be called an "expert" in bitcoin price.
I can say that the bitcoin price will reach 30 000 in the future, I'm pretty sure it will but when it will finally reach that will it make me an expert? Same for those morons, they nailed it once and now they claim they can see the future.

It reminds me of poor Roubini, he did predict the crash but after that, he failed with his predictions 24 times!!!!

[pixie85]

Those prices are quite modest, it should be a lot higher by the end of this year. They are underestimating the power of the FOMO when the institutional money starts to flow. As soon as a pump begins people will rush back in as they always do

The magical and mysterious institutional money that were supposed to be flowing into crypto since 2015. Wasn't the recent ATH reached without these institutions? Why aren't they investing when Bitcoin is at -85%? I'm not bearish on crypto but I don't see it happening anytime soon and I don't believe we'll reach even 10000 dollars this year. If we go back to the mean of 5000 it's going to be a big achievement.

[Slow death]

After seeing year 2018 as a year where the price just fell, I thought those guys who are making price forecasts would give up because of the shame of failing their predictions for last year. I know that prediction is something that can happen as well as something that may not happen. But these guys do not even hit 1% of their predictions. If someone listened to these guys, then the person would get so many losses that would kill himself.

[aoluain]

Ok so the experts who are predicting an 84% rise in bitcoin before the
end of the year would potentially be in line with a run up in value prior
to the bitcoin halving which has historically been the case.

I have kind of lost interest in what the "experts" say. It looks like they
are basing their predictions on ETF and LN.