Alpha0One1
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April 22, 2019, 01:52:12 PM |
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I think the price of bitcoin to reach $52,000 within the next 2 years is not far fetched as that would male bitcoin enter 1 trillion $ market cap.
Lets all hope the mass adoption comes in faster.
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OrangeII
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April 22, 2019, 02:13:11 PM |
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I think the price of bitcoin to reach $52,000 within the next 2 years is not far fetched as that would male bitcoin enter 1 trillion $ market cap.
Lets all hope the mass adoption comes in faster.
well, in spite of this development, I think the natural thing for the increase in bitcoin now is $ 8000, and maybe the highest price is $ 10000. well, however the price of bitcoin will not be easy to rise if there is no trigger. even the stability is also quite difficult to maintain. so I feel the current price is $ 8000- $ 10000.
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Dhoe
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April 22, 2019, 02:20:07 PM |
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I think the price of bitcoin to reach $52,000 within the next 2 years is not far fetched as that would male bitcoin enter 1 trillion $ market cap.
Lets all hope the mass adoption comes in faster.
well, in spite of this development, I think the natural thing for the increase in bitcoin now is $ 8000, and maybe the highest price is $ 10000. well, however the price of bitcoin will not be easy to rise if there is no trigger. even the stability is also quite difficult to maintain. so I feel the current price is $ 8000- $ 10000. In this years of course $ 8000 - $ 10000 is very realistic price, IMO. But for next years, 2 or 3 years later I very sure the price of Bitcoin will be above $50000. Its because demand against Bitcoin will increase, many people will using Crypto/Bitcoin for transaction on Internet.
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3x2
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April 22, 2019, 02:21:29 PM |
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Realistic prediction can vary from one person to another, what for one person is realistic may not be for the other. Anyways seeing the current trend of bitcoins i believe that bitcoin will rise to 10000 usd atleast by the end of this year.
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darkr
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April 22, 2019, 02:54:51 PM |
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Making any predictions in favor of Bitcoin is very difficult. Because he is very unpredictable. Bitcoin lives its own life. But I am sure that he will succeed in the future.
Like other crypto Bitcoin is very hard to make predictions, all crypto could be easily manilupated from whales! Of course, those, who own almost all Bitcoins, can manipulate the prices. However, it cannot last always, and BTC cannot be down most of the time. I guess BTC is supposed to grow
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carlisle1
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April 22, 2019, 03:19:33 PM |
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It will not be steadily since fiat is the leading currency for most the upcoming time. we will get to those values if the majority dont sell to fiat but keep it to spend it again on products/services that will do the same. where more fiat is coming inn less is going out. its a mind set that needs to change.
But the service and products that offers bitcoin is limited and not all country has,so i think we still have the problem in regards to this matter Another thing is the only option most of the investors has is convert to fiat from bitcoin or convert bitcoin to altcoins either both will not help the market to grow right? Realistic prediction can vary from one person to another, what for one person is realistic may not be for the other. Anyways seeing the current trend of bitcoins i believe that bitcoin will rise to 10000 usd atleast by the end of this year.
Yeah right,but reaching $10,000 this year end is tol far from reality but ofcourse nothing is impossible with cryptocurrency so for today lets keep holding
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LeGaulois
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Top Crypto Casino
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April 22, 2019, 03:24:59 PM |
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Not so long ago many people (including myself) thought that the Bitcoin's value could go down to ~$2,500-$2,000. Since the beginning of the month (when the upward trend started) the tendency is to think that we finally had the bottom of that period.
If we encounter the same scenario as a few years ago, yes, the bottom is out. Up to say we will soon see an ATH, certainly not. Are we safe from another correction? Certainly not. Once we cross the $5,500 I hope it will trigger investor's alarm to come again in the market. But I have the impression that this threshold will be hard to reach.
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moha sasa
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April 22, 2019, 03:45:02 PM |
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a $100 cause of too many cryptos competing for a market shares.
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kingplaya4 (OP)
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April 22, 2019, 08:00:20 PM |
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Again, I think many have misunderstood me, my price target of 100k (maybe 200k) I would project to be reached in 10 years time, although 4 to 5 years would be my hopeful timetable. TA will have little to do with it, it will be mostly news driven. Are regulations reducing transactions, are BTC Atms being installed in more and more locations, are large merchants starting to accept BTC, are large investors taking a position in BTC etc etc.
I don't think we can get much past 20k in the next few years without some significant good news. McAfee will have to give up his strippers and porn stars that's for sure. If we ever see a million dollar btc, it won't be a million dollars anymore, inflation adjusted 500k in a dream scenario. I don't see a likely scenario where anyone who has 50 btc or more can't retire to a life of luxury within the next ten years, but anything can happen. For those of us who have ten or less, I would not expect riches, but we should do well.
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miropp
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April 22, 2019, 09:47:47 PM |
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Now bitcoin looks more or less stable. And in this case, you can expect anything from him. Perhaps he will go to 6000 dollars, and perhaps again cross the mark below 5000.
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maxreish
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April 23, 2019, 05:51:45 AM |
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I think bitcoin needs a few years to get up to that 20k and if it happens slowly but steadily, then we can hit 50k. To be honest, that is the reality which I was thinking about, too. The recent price of btc is $5,500 and it will take many months and even years to achieve $20,000. But that $50,000? I do not think it will hit that really high but who am I to contradict such cryptocurrency's volatility attitude? Id id is possible to step up to $20k then it may step up higher than that price. But this is only a pure speculations. We intend to speculate prices but we'll never really know how the market will react and behave.
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incomefromcoins
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April 23, 2019, 10:08:00 AM |
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To my analysis of bitcoin from 2013 till date, i feel BTC can touch 12000 dollars by next year May 2020 that is my max expectation
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Mandoy
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Aurox
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April 23, 2019, 10:10:06 AM |
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Its hard to really predict the price of bitcoin. All of our predictions are just wild guesses with no really hard evidence to backed it up.
But let us make a prediction anyway. For me the highest peak that bitcoin will reach this year will be 10k$ it will not be able to go up as far as 15K$. There are no more bubbles anymore and there are no longer big hypes going around. What moves bitcoin today are the entry of more people especially merchants and financial institutions. This kind of movement in value is safe and more stable compared to the super bull run last 2017.
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moynul2050
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April 23, 2019, 12:29:12 PM |
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very realistic that I predict that the price of bitcoin will continue to increase, you can see it in real terms now, the price of bitcoin continues to crawl up. some predictions say that bitcoin will fall in the next few weeks and after that bitcoin will again increase very quickly.
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MakeMoneyBtc
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April 23, 2019, 12:39:10 PM |
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To my analysis of bitcoin from 2013 till date, i feel BTC can touch 12000 dollars by next year May 2020 that is my max expectation
Bitcoin is probably going to reach 12.000$ before the end of 2019 and I personally don't think it will take until May 2020 for that to happen. Bitcoin is already up about 2000$ in the last 2 months and if it continue to do the same it should reach 10k soon and then go for its ATH.
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kingplaya4 (OP)
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April 23, 2019, 06:29:44 PM |
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Unfortunately, and this is party my fault, this thread became about short term predictions, which in reality no one knows. Did anyone call btc nearly doubling in the first few weeks of April? What I was trying to get at is what is the maximum bitcoin could reach possibly/realistically? Some projections have it exceeeding the total world's money supply by several factors, so those can be ruled out. Personally I think if you include all the altcoins (a few of the good ones should survive and thrive) we could be looking at gold's current market cap.
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Ipwich
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April 23, 2019, 09:13:04 PM |
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To my analysis of bitcoin from 2013 till date, i feel BTC can touch 12000 dollars by next year May 2020 that is my max expectation
Be careful with some analysis as this is the time where the bullish and the expert will be out again. Although there was a good increase this year so far, but we have to remain realistic, we should not erase the possibility that bitcoin will dump as it could happen, with that in our mentality, we can avoid the hype as any time there could be one or two and it would bring a FOMO again.
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CBANX Ltd.
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April 24, 2019, 06:39:12 AM |
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It is good to predict, and it will give the future scenario of the market and also the present view. As people are in doubt that Bitcoin will ever resume the pick in 2020 or not ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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GelaiThePom
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April 24, 2019, 10:55:52 AM |
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In my opinion, bitcoin will reach about lowest of $15,000 by the end of the year and maybe $25,000 if we’re going to continue in this pace. Some people including John McAfee predict that bitcoin will reach about $500k by the end of 2020 and about $250k by the end of the year but I think that’s a little bit exaggerated considering how unstable the coin is right now. But I wish they’re right about their predictions so I can play more video slots at this game
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MFahad
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April 25, 2019, 04:13:22 AM |
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There seems to be a lot of insanity out there. I recently saw a youtube video claiming 98 million dollars a bitcoin as some poin in the not too distant future. That would mean btc's value would approach a quadrillion dollars! Maybe everyone is expecting the US to go Zimbabwe and your btc will be worth 98 million dollar with which you will be able to purchase a bottle of water.
First we need BTC to get to a trillion market cap, which I think is definitely doable IF it becomes more easy to buy. Less KYC, more ATMs, but with governments seeing btc as a challenge, that seems unlikely. A lot of media excitement at Bitcoin breaking a 200 billion, 500 billion etc market cap could get it to a trillion.
It will likely not become easier to buy, so we need another trigger. I think a repeat of the 2008 recession could do it. Probably btc woud initially fall, but then move up. The question is how high before investors want to cash their chips in? There's a ton of people sitting on a couple of btc. If each one becomes worth 50k and the dollar is worth just a fraction less than what it it is now, a lot are going to cash out and buy houses and cars. There will be greed, but there will also be fear and its not hard for a normal person too google bitcoin spiking to 20k and quickly crashing. Getting back to that 20k would be an initial target then 50k which is a nice round media friendly number and one that is high enough that it would tempt people to cash in.
I think bitcoin needs a few years to get up to that 20k and if it happens slowly but steadily, then we can hit 50k. If everything goes well and it starts getting easier to buy and easier to spend, I think 1/2 of gold's market cap is a reasonable goal. There are other crypto currencies out there and some people will still buy gold and it would take a long time for Central Banks to transition from gold to crypto. I don't think such a thing would ever happen in our lifetimes, but they might start adding crypto to their reserves rather than selling off gold. So 3.5 trillion I think is a good next goal which takes us to roughly 175,000 per btc.
This is assuming the government/media don't start supporting a new crypto that is backed by Gold or the full faith of the US government or god knows what people might believe in. But getting back the target of 175k, I say we need around 3 years to get it back to 20k, it will probably fall back again for some period, maybe 2 years, then mass adoption, recession etc could get it to 100k by 2030, and I'm not going to bother with an estimate for doubling that.
Could it go on a massive run and spike to 20k this year? Sure, who the heck knows. But to be sustainable it would have to be supported by something, maybe if a country or two adopted it as their national currency. Something radical and unforseen. I imagine some will naysay this, but an asset currently worth almost 100 billion increasing in value by 20 times in the next decade is actually insanely optimistic. Look at stocks that started off as penny stocks, they don't keep increasing in value exponentially year after year and although btc isn't a stock, there is a limit to how valuable it can be.
You want to say that who is holding the bitcoin they will be richest in future because in future bitcoin will be 8 million dollar. Actually it is too much number, but i have hope in future bitcoin will be high but not just like it. So let see because we will get our answer in future.
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