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Author Topic: Correct and Upcoming Price Prediction  (Read 883 times)
joromz1226
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July 12, 2019, 09:03:09 AM
 #41

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



Well, 250k$ was too exaggerated dude, its not realistic. In fact, all of us here are free to give some speculation
about the possible price of bitcoin in the future, but it doesn't mean it will happen. But of course, it is
only our opinion why We said it, right? and there are few trading experts can able to read what could be the price
in the future thru in the chart of the graph.
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July 12, 2019, 12:18:08 PM
 #42

I guess that 15k is a realistic goal for the nearest month. Prediction from a newbie Grin Grin
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July 12, 2019, 07:00:47 PM
 #43

Price Prediction is a part of the market based on the factors evaluated at some point. Price Prediction is an abstraction and brings more excitement and optimism for each person in the market. That helps us gain more confidence. Accurate Price Prediction will be meaningless if there is emotion in the transaction. and according to me, should not be abused and governed by price predictions in trade.

Many predictions appear in mass media as people are extremely curious about the future. It concerns not only the cryptocurrencies. As you know, all these forecasts fail. If we could predict the market changes, we would be billionaires.
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July 13, 2019, 04:19:27 AM
 #44

I have heard many predictions already coming from different analysts and different random people.

I can predict that Bitcoin will come to $1,000 next month  Wink Wink Cheesy. Get my Point???
Anybody can predict with the price of Bitcoin but the chances of happening will be low. To be honest, I'm done with this stupid prediction of different people. This just creates hype only.

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July 13, 2019, 06:04:01 AM
 #45

The prediction cannot be proved because they don't know what will happen later. They only give analysis to the public, and they let the public to analyze by themselves. It is our job to analyze our skills so we can determine and make a decision related to the market. We don't have to use their analysis because they are not always right and we need to check what is happening in the market in the current situations so we can decide what we will do later.

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July 13, 2019, 11:53:37 PM
 #46

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






Haha I didn't expect that very huge price amount of bitcoin, I contented what bitcoin have now for the reality 20,000$ is hugeable amount fro bitcoin, but I respect the predictoin of the people what bitcoin goes into the future by their own analysis. Take Note even ordinary people can give prediction
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July 15, 2019, 05:39:19 AM
 #47

Draper's price prediction of $10k have been achieved while the other prediction of $250k is not likely to happen this year or even after halving because it is not attainable. Tim Draper might have bought some substantial amount of bitcoin and he use his own prediction to encourage more buyers. I also believe that no one can predict exactly what will be the price of bitcoin in the future and those personalities that predict future price and using the media are only seeking people's attention.

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July 15, 2019, 04:20:42 PM
 #48

I will commend Tim Draper, after all he is a venture capitalist and made a lot of money with his stash of bitcoins he got some time ago. But it doesn't mean he is a qualified expert. No one is expert here as everyone does speculate on the future market price, just like you and me. We are all speculators and we can throw random numbers as well, just like Tim.

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July 15, 2019, 11:26:41 PM
 #49

We are all speculators and we can throw random numbers as well, just like Tim.

Indeed, he could be still right again in this prediction but we might all not agree with it as we also have our own prediction.
Personally, that's a huge amount to reach, probably the market needs to be in trillion in order to have that price and we need to have a new ATH this year.
For short period of time it seems impossible but 5 years from now, guess it could happen as long as adoption continues especially the big investors.

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July 15, 2019, 11:37:17 PM
 #50

Draper's price prediction of $10k have been achieved while the other prediction of $250k is not likely to happen this year or even after halving because it is not attainable. Tim Draper might have bought some substantial amount of bitcoin and he use his own prediction to encourage more buyers. I also believe that no one can predict exactly what will be the price of bitcoin in the future and those personalities that predict future price and using the media are only seeking people's attention.

They are mere speculations even from the self-proclaimed "experts". Just believe on your instincts if you are seriously investing on bitcoin. You should know when to invest and rely on your guts. It is good to see good predictions but we need to face the reality here.
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July 16, 2019, 06:26:12 AM
 #51

Draper's price prediction of $10k have been achieved while the other prediction of $250k is not likely to happen this year or even after halving because it is not attainable.


That's correct, over a short period of time, it's not gonna happen.
Bitcoin is a big marketcap coin, the number 1 in the market and for the price to rise $250K marketcap has to reach $4 trillion, not easy.  Lips sealed

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July 16, 2019, 11:32:36 AM
 #52

Cryptocurrencies,I believe, are unpredictable and most of these personalites that predicts the future prices are just publicity-seekers. Others have possessed big amount of bitcoin and wants the price to go up like they wished so they make predictionsto boost the price up. During 2017 bullrun, some predicted that bitcoin will go up to $30k by the year end but this never happened. This year's prediction is from $25k to $100k, but no one can exactly predict what the price will be in this year end.
Very right! What I believe is that it is not very possible to predict and quote the exact price rise of a coin in question. It is not determined just by one factor in the market and by many more as well. Despite price prediction, focus on the price rise opportunity and invest in the coin that you think could give back some good returns. I think Bitcoin is something to look at.

Most people predict without strong reason, sometimes they also give common reasons. I will believe in anyone's prediction if indeed I think the reason is strong enough. But if they are the same as other people who predict bitcoin for no good reason, then it's better to trust my own predictions.

I know bitcoin will indeed be difficult to predict, many people say next year the price will go up, blah blah blah. They only talk for no reason, they only spread FOMO, and this should be avoided from all of us.

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July 16, 2019, 05:19:46 PM
 #53

Draper's price prediction of $10k have been achieved while the other prediction of $250k is not likely to happen this year or even after halving because it is not attainable.


That's correct, over a short period of time, it's not gonna happen.
Bitcoin is a big marketcap coin, the number 1 in the market and for the price to rise $250K marketcap has to reach $4 trillion, not easy.  Lips sealed
What do you think about John McAfee’s price prediction? I think it is going to be tough for a coin like Bitcoin to cross one million dollar right? Wrong because he put forwards reasons why the price of Bitcoin would rise high and bear in mind that he has been the guy in the crypto whose crypto predictions have always turned to be reality so this is something to think over.
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July 17, 2019, 03:36:19 PM
 #54

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
Tim Drapper is a very famous billionaire in the crypto world, and of course, because he invests heavily in it, he will always give good news to this market.
Price analysis is based on past prices, hoping for market repetition and making predictions in the future. I think we should know about it because the market will sometimes have similar behaviors in the past.
I think this time BTC is correcting, I still believe in the BTC price increase in the long-term.
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July 23, 2019, 07:43:53 AM
 #55

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
Tim Drapper is a very famous billionaire in the crypto world, and of course, because he invests heavily in it, he will always give good news to this market.
Price analysis is based on past prices, hoping for market repetition and making predictions in the future. I think we should know about it because the market will sometimes have similar behaviors in the past.
I think this time BTC is correcting, I still believe in the BTC price increase in the long-term.
These are just some of the strategies that these heavy investors uses to create a FOMO buy, they are all in a group, once one of them comes to make speech in favor of a certain coin to create fomo buy which they use in gradually taking their investment out, while another person creates a FUD news that will make people panic for them to rebuy the coin back at a very cheaper price.

I personally do not really like predictions from these top people because they are simply just trying to manipulate the market, I prefer that the market to natural work its way into it peak value without any form of manipulation, although speculation is quite great, but when it starts sounding stupid is what becomes annoying to me. We just need to follow these people with wisdom.

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July 23, 2019, 09:01:59 AM
 #56

Since this is just a prediction, I think that yesterday's guess is just luck, it really doesn't really prove for the future predictions it will also match what he stated.
Most people already done with someone like that, when Market goes down. They will be blamed and yes he will said "It's just a prediction dude." and never bet your money on their words.

There is no way for us except to analyze the market directly, so we know what we need to do. We don't know what will happen in the future. But at least, with the analysis that we make, we can determine what step we need to make, especially if we are stuck in the downtrend. The prediction itself will always come up, but with different people, and they have different purposes too. It is our job to detect what is going on the market, but we don't have to enter the market if we don't want also.

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July 23, 2019, 12:05:51 PM
 #57

Draper's price prediction of $10k have been achieved while the other prediction of $250k is not likely to happen this year or even after halving because it is not attainable.


That's correct, over a short period of time, it's not gonna happen.
Bitcoin is a big marketcap coin, the number 1 in the market and for the price to rise $250K marketcap has to reach $4 trillion, not easy.  Lips sealed
What do you think about John McAfee’s price prediction? I think it is going to be tough for a coin like Bitcoin to cross one million dollar right? Wrong because he put forwards reasons why the price of Bitcoin would rise high and bear in mind that he has been the guy in the crypto whose crypto predictions have always turned to be reality so this is something to think over.

I don't think that should be overly thought about, because they only predict carelessly and predictions that come true are just a coincidence. Sometimes I burst out laughing to hear the men say bitcoin will reach $xxK, that's too crazy,friends, I know bitcoin is able to achieve it but it's not that fast and that's crazy.

If we believe that bitcoin will achieve it, we only need to buy it from now on, but most people only argue here without action to buy bitcoin. I am a daily trader, so I do not believe them because all have a mature analysis, not just talking without foundation.

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July 23, 2019, 05:10:05 PM
 #58

I think you should not scoff of experts like that. There are actual experts who made money even during 2018 bear market times so it means they really know what they are doing. The sad reality is that in bitcoin world there are a lot of self claimed experts that really has nothing to do with their trading expertise or even their financial wisdom but because they were smart enough to buy bitcoin early on.

If you had thousand of bitcoin (remember bitcoin was super cheap and even 10k bitcoin was traded for couple box of pizza) you would have so much money to play with and would open up couple of websites and business' yourself and then claim you were a bitcoin expert. If you can just see the difference between those people who claim they are experts and the real experts then you will find the real experts suggestions very helpful.

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July 24, 2019, 02:36:46 PM
 #59

I have heard many predictions already coming from different analysts and different random people.

I can predict that Bitcoin will come to $1,000 next month  Wink Wink Cheesy. Get my Point???
Anybody can predict with the price of Bitcoin but the chances of happening will be low. To be honest, I'm done with this stupid prediction of different people. This just creates hype only.
I think you mean $100,000 because I dint think you are actually serious with that $1000, there is no level of dumping that can ever make bitcoin see that value again, that is a value that is already bygone and dead already to bitcoin and the lowest value I ever see again is $6000, and that will be after the bitcoin bull run when it sets another new ATH.

I know that prediction done by some people can be very tiring and annoying, especially the ones that looks quite not realistic, but speculation has still played a very good role in the uptrend of bitcoin and some cryptocurrency, speculation sometimes encourages people to bring their money for investment, and the more demand we have, the more we will see the increase that will make our investment mature.

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July 24, 2019, 06:22:33 PM
 #60

Since this is just a prediction, I think that yesterday's guess is just luck, it really doesn't really prove for the future predictions it will also match what he stated.
Most people already done with someone like that, when Market goes down. They will be blamed and yes he will said "It's just a prediction dude." and never bet your money on their words.

There is no way for us except to analyze the market directly, so we know what we need to do. We don't know what will happen in the future. But at least, with the analysis that we make, we can determine what step we need to make, especially if we are stuck in the downtrend. The prediction itself will always come up, but with different people, and they have different purposes too. It is our job to detect what is going on the market, but we don't have to enter the market if we don't want also.
Maybe he is just trying to let us stake our bitcoin lol, to avoid the level of dumping that we see in the market, you know that things like this are what usually help people stay longer in the market, it makes them set a goal, and maybe few people would make the decision never to remove their coin till draper’s prediction of $250k comes to past lol.

Anyway, I dint think I need anyone to tell me for me to actually know that bitcoin will get to a very high peak in future, and when I mean future, I don’t mean the impatient type, because we have many people that wants the future to be tomorrow, if there was even anything they could do to make bitcoin reach 1 million dollars the next day, they would do it, but we need to allow the system grow naturally , and with time, this value will surely become visible.

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