Correct and Upcoming Price Prediction

[bitireland]

Guys, this is interesting.

3 years ago Tim Draper predicted Bitcoin at $10,000. 1 year ago he said, bitcoin to hit $250,000

Do you trust such moments?

That's the correct 3-year old interview:

https://blog.bitireland.ie/Video/confirmed-3-year-old-price-prediction

That's the latest prediction (from a party):

https://blog.bitireland.ie/Video/bitcoin-25k-22

[mk4]

Anyone can make predictions. Even you can. For the big number of so called "analysts" and "experts" that are making price predictions, some are bound to get things right just by luck. If you were to listen to price predictions, you might as well just throw a dart at a dartboard with price points written in it.

[Sharon121212]

Never heard of Tim draper guess am not a big fan of price prediction. Mostly newbies are freaked about price analysis(bunch of nerds with a chalk and a board drawing charts). Price analysis is more to me like a wild guess or instinctive urge. If you notice by now when ever there is a trigger to the price it could be upward or downward in continues in that trend until there is a counter reaction.
Get to know the trend, listen to news, read article and then the next action to take would be clearer

[Kemarit]

You have to understand where Tim Draper is coming from, he is a venture capitalist, investors and I'm sure he has a lot of Bitcoin in his wallet as he famously bought around 30,000 BTC in a public auction. So obviously, he needs to shill and makes exorbitant predictions, so that his investments will grow overtme. Although Bitcoin hits $10,000 in 2017, the $250,000 prediction might take years.

Regarding trust? We are all speculators here, we may even claim that Bitcoin will reach $1 million as John McAfee or it will fall down to $1000. No need to trust those so called experts or those who have loads of stash of Bitcoin sitting in their wallet.

[adzino]

Guys, this is interesting.

3 years ago Tim Draper predicted Bitcoin at $10,000. 1 year ago he said, bitcoin to hit $250,000

Do you trust such moments?

That's the correct 3-year old interview:

https://blog.bitireland.ie/Video/confirmed-3-year-old-price-prediction

That's the latest prediction (from a party):

https://blog.bitireland.ie/Video/bitcoin-25k-22

Not sure based on what he is giving his predictions. Probably just some random guesses. There are shit tons of people like him out there who gives this kind of optimistic predictions just so that people starts to invest on bitcoin. Bitcoin reaching $250,000 within this year or next year is something we won't be seeing right now. I prefer the price to increase steadily instead of sudden jump in price.

[AmoreJaz]

Anyone can make predictions. Even you can. For the big number of so called "analysts" and "experts" that are making price predictions, some are bound to get things right just by luck. If you were to listen to price predictions, you might as well just throw a dart at a dartboard with price points written in it.

i do have to agree with that. they can call themselves "experts" or "analysts" but the truth is, they can only give predictions nothing more than that.
so no authority or individual can say such prediction or speculation is the correct one, because no one can...

[harizen]

Do you trust such moments?

I don't include "PREDICTIONS" even by a big name in the crypto world as one of the references to my future strategy.

Even how well-detailed any speculations and analysis are, no one knows what will happen. Might there are chances as always for BTC to hit $250,000 someday but I like to focus more on the closest thing that can happen or should I say "realistic price".

Up to the listeners and viewers if they will buy the prediction. Just don't react too much to the point that they will stick on that mindset. Expecting too much might wreck anyone's strategy in the long run.

[Shenzou]

There is not actually any precise predictions when it comes to bitcoin and the cryptomarket in general, anyone on the internet can make a shot in the dark and predict that the price is going to get to a certain point, i mean this guy didn't say that 3 years from now the price of the bitcoin is going to be 10k, bitcoin is bound to go up in price since it is popular and has a limited supply so this is an obvious thing that does not need any expertise, the bottom line of this i could say bitcoin is going to reach 30k, it could take it a day a month or 10 years and people would say that i predicted that bitcoin would do so and i was right.

[exstasie]

Anyone can make predictions. Even you can. For the big number of so called "analysts" and "experts" that are making price predictions, some are bound to get things right just by luck. If you were to listen to price predictions, you might as well just throw a dart at a dartboard with price points written in it.

He's 1 for 1 so far. Can't fault him for that!

I wouldn't lump Tim Draper in with all these dime-a-dozen commentators. Draper went balls deep buying into the 2014 bear market. He was a true believer when Bitcoin was at its worst, not someone like John McAfee or Tom Lee or Brian Kelly jumping on the bandwagon in 2017. In hindsight, his 2014 prediction ($10K by 2017) was very reasonable given the price history and adoption curve. This prediction from 2018 is very reasonable too.

4 years to do one 12.5x move above the previous ATH? That's conservative by Bitcoin's standards.

[Distinctin]

He might be right on this first prediction but his current prediction could be wrong.
I suggest you trust your own instinct, it's not bad to follow prediction from someone but we need to carefully analyze it as well, but if you hold for long term, you'll be happy with his prediction but I just think it would not come as easy as we think, it would take time for sure.

[sheenshane]

Anyone of us can make a random prediction which is comparing into a previous chart price or you are analysis. Maybe Tim Draper(ain't even know who is this) was correct at the first prediction or just a coincidence that the price he was predicted was right. The crypto market is unpredictable even there are a lot of very well-known people who were claiming an expert in prediction but they are wrong at laugh at the end.

Don't trust anyone who claims a good in prediction, much better if you research your own than relying upon other ideas which is lead you from mistakes.

[Cherylstar86]

Anyone of us can make a random prediction which is comparing into a previous chart price or you are analysis. Maybe Tim Draper(ain't even know who is this) was correct at the first prediction or just a coincidence that the price he was predicted was right. The crypto market is unpredictable even there are a lot of very well-known people who were claiming an expert in prediction but they are wrong at laugh at the end.

Don't trust anyone who claims a good in prediction, much better if you research your own than relying upon other ideas which is lead you from mistakes.

 Every predictions should be respected, and if you find it disturbing just don't react. If we do our own efforts of seeking for good understanding and ideas of course we won't believe to what other says. Be at your own company and don't bother of someone who could contribute to the mistakes you have committed on trading.

[romecheo]

I am really enjoy reading the bitcoin prediction articles written by those who called expect and analyst,

Correct: Tim Draper – $10,000 (by 2018)
Correct: Mike Novogratz – $10,000 (by April 2018)
Tom Lee – $91,000 (by 2020)
Ronnie Moas – $50,000 (2020)

For me, they just got lucky, even they equip with lots of tools for monitoring the daily activities and changes in BTC price, they couldn't tell when and how it would hit the price in the future.
 

[arpon11]

Prediction is allowed but you should not invest base on the information you get online. The best way to invest is always through your personal research and analysis. I have decided to invest after the convention on the next market move through my personal analysis /research. So many people have said one thing and another but it is good that you accept what is actual and stop depending on other predictions about the next bitcoin actions.

[mk4]

Every predictions should be respected, and if you find it disturbing just don't react. If we do our own efforts of seeking for good understanding and ideas of course we won't believe to what other says. Be at your own company and don't bother of someone who could contribute to the mistakes you have committed on trading.

The problem comes when these predictions sort of manages to "bait" some people into buying bitcoin because "the expert on CNBC said it will go to the moon!", and then, the price instead goes the other way. I know, they shouldn't listen to other people for financial advise, but still; I'd rather hear the Antonopoulos response when talking about price: "the price in 202x will be between $1 and $1,000,000"(non verbatim). As to give people realistic expectations with price.

I'd rather hear these people talking about the positive things bitcoin can do.

[Slow death]

3 years ago Tim Draper predicted Bitcoin at $10,000. 1 year ago he said, bitcoin to hit $250,000

the problem of this prediction is the argument he used, he said:

bitcoin will be about a 5% market share of the Earth

this will be difficult because there are many countries that create many barriers in the adoption of bitcoin, there are many poor countries where their people are very poor and they will not have much money to buy many bitcoins, so his argument was very unfortunate, his prediction will be impossible to reach

Never heard of Tim draper guess am not a big fan of price prediction.

This is another strange thing, I suppose you do not read the news

[1Referee]

For me, they just got lucky, even they equip with lots of tools for monitoring the daily activities and changes in BTC price, they couldn't tell when and how it would hit the price in the future.

Obviously, we're all guessing; some do so blindly and some do so in an educated manner.

The thing with predictions is that people rub it in your face the moment they are right, but no longer talk about it when they are wrong. By doing so it might seem like certain individuals know what they are talking about, but that's merely because they only show up when they are right.

I have even seen TA people on social media delete posts/articles/videos where they were wrong to keep their ratio of being correct as high as possible. It's one big shitshow.

[FrozenBit]

Guys, this is interesting.

3 years ago Tim Draper predicted Bitcoin at $10,000. 1 year ago he said, bitcoin to hit $250,000

Do you trust such moments?

That's the correct 3-year old interview:

https://blog.bitireland.ie/Video/confirmed-3-year-old-price-prediction

That's the latest prediction (from a party):

https://blog.bitireland.ie/Video/bitcoin-25k-22

No, I never believe that the value of BTC can surpass more than $ 20k this year and the next year. You can see that the value of BTC is now very high. Because the whales are laying different and continuous traps pump and dump the price of BTC.
Many traders have lost more than $ 10k in the last few days.
If you continue with this situation, traders and investors will not continue to buy BTC, because they know that it is a trap of whales. And surely its price will not increase sharply for a long time.

[MonsterV]

He might be right on this first prediction but his current prediction could be wrong.
I suggest you trust your own instinct, it's not bad to follow prediction from someone but we need to carefully analyze it as well, but if you hold for long term, you'll be happy with his prediction but I just think it would not come as easy as we think, it would take time for sure.

Yes right, they just happen to predict the price of bitcoin, then they won't know where the price of bitcoin will go. For me, predictions from other people like that become my consideration in analyzing the price of a coin and not even taken the prediction outright. I believe in their predictions that bitcoin will rise, but their target is too high to achieve.

[mk4]

I'm not saying that $20,000 will happen this year or next year, but boy you are definitely hugely underestimating Bitcoin. $20,000 is definitely very possible this year, and a lot more possible next year. Remember in 2017? Bitcoin's lowest point was around $1,000, and it peaked at around $19,000. Whales definitely have a significant effect over the markets, but they definitely don't have anywhere near 100% control.

But then again, I'm only saying that it's very very possible.