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aad140386
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July 06, 2019, 06:38:09 AM |
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I don’t really believe different experts, but I believe that all further prerequisites for further Bitcoin growth really exist. If the current situation is will not broken by regulators such as a country like China or the United States, then Bitcoin should continue to grow. In any case, fundamentally, he now looks very strong. Moreover, the trading volume is constantly growing. And this is good news. I’m wondering if altcoins will grow faster than bitcoin as it was in the past bull market or this time it won’t happen?
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mk4
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July 06, 2019, 06:56:06 AM |
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Even though I really don't like following "experts" and "analysts", I trust Willy Woo's opinions compared to 99% of those people who makes analysis on the markets. As far as I know Willy Woo actually does trading as a living so I'd say he has far more credibility. With that said, $1 trillion is 4x the current marketcap of bitcoin. Not sure if I'd share the same opinion, but then again: we're talking about bitcoin here. Which has caught a lot of people with their pants down in the past. I’m wondering if altcoins will grow faster than bitcoin as it was in the past bull market or this time it won’t happen?
Not an expert, but I think they will have a slightly similar run like in 2017, but a lot less dramatic.
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Haunebu
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July 06, 2019, 07:58:02 AM |
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Firstly, I have never heard of this guy. Name sounds funny. Secondly, what he claims makes complete sense and many have already made such bold predictions in the past owing to the potential of Bitcoin.
However, this might take many years to actually happen. Adoption rates need to go through the roof and regulations need to be set in place in every country. Time is the most important factor here.
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peter0425
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July 06, 2019, 09:17:46 AM |
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What do you expect? Bitcoin is on a mini bull run that's why there are a lot of so called experts now. Lol, Of course we will love to see bitcoin hitting $1 Trillion marketcap but it will take a lot of money. But we need adoption first, before we can truly see the price going on another meteoric rise, its hard but not impossible.
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Shenzou
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July 06, 2019, 09:43:30 AM |
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I don't know why people even bother reading about this crap, there is no person out there that can predict the future, sure that anyone has the right to predict but he should keep his opinions to himself, and people should just ignore them and not take their word as truth, these so called experts can just say what they want and if they get it right people will talk about it and say that they were right, but no one talks about them when their prediction is wrong.
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RomanPetrush
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July 06, 2019, 09:22:41 PM |
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No doubts, that figures will happen. The question is only about time. I strongly believe that BTC will pump up to 30k in 1 or 2 years. Because of the real market coming to crypto space. When we will see salaries in crypto in the whole world, that is the price of 1 000 000 $ for 1 btc..
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jossiel
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July 06, 2019, 10:42:53 PM |
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I don't know him that but his prediction is realistic. I guess the sentiment of the community will go towards him as he's saying that it shall be reached by 2025 which is 6 years from now.
His prediction is better than those overgrowth predictions that claims that bitcoin will reach certain highs within a year or two.
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Bitcoinqubit
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July 06, 2019, 11:05:16 PM |
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I don't know him that but his prediction is realistic. I guess the sentiment of the community will go towards him as he's saying that it shall be reached by 2025 which is 6 years from now.
His prediction is better than those overgrowth predictions that claims that bitcoin will reach certain highs within a year or two.
there is another factor to take into account which bend the time in crypto and it work only in small supply coins... when the supply is very small like 21 million coins and demand is to much big and no body sell coins its surge the price to astronomical number and in this situation the marketcap is misleading somehow... lets look on this effect in different industry like diamonds. lets say for now that there is x=500000000 demand for y=7000000 diamonds , now in order to understand this effect we need to think what will happen if we lower y to 30000000 just for the example, in other words the demand is much more big now and its surge the price per diamond without actually selling any, what i mean is when demand is grow and there is low supply and no body sell its surge the price per coin to astronomical number and in this point market cap is some how fucked up its hard to calculate this, its just example what can happen with small supply coins when there is huge demand and no body sell them and there is max supply compare to diamonds and gold, its fucking surge the price to astronomical number, its happen over the history in other verticals.... for example there was few rare diamonds which the price was around 80 million dollars per diamond, the demand grow for them and no body was sell them so the price surge to 150 million dollar per diamond , so after some time was founded bunch of this diamond compare to few , the price fell to 60 miilion per diamond. its a game of supply and demand and if supply is very low and demand is very huge and no body sell its surge the price of the supply to astronomical number. this kind of effect cannot happen with projects with billions of coins because if the supply to much big it lose value over time and demand will never will be more then the supply in projects with billion of coins.
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pakhitheboss
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July 07, 2019, 06:29:14 AM |
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We all know Bitcoin will go to the moon and it will surpass Gold someday. There is nothing new about this information.
I am not sure who wrote that articles in that shitty website. It looks more like copy and pastes from different website. No original thought.
I have also noticed you have been posting only from this website. Stop doing clickbait and start working on real content.
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fiulpro
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July 07, 2019, 06:56:35 AM |
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Yet another person Making an unnecessary claim. Well you should understand that it cannot just suddenly strike a million , because the growth chart also have some limits . People will start selling even before it reaches a million and this will surely decelerate the growth making it impossible to cross the checkpoints at such a small time. Etherum is close to the market cap of Bitcoins which means people are actually being divided between those two , which could indirectly cause a problem in the future. I don't think this is even possible.
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figmentofmyass
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July 07, 2019, 07:06:01 AM |
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so he thinks this will top out at $60k or below? wow, it seems like everyone is setting their sights pretty low for the next bull run. matching the july-december leg of the 2013 bubble alone it would put us closer to $70k. i think in the entirety of the bull market we could go much higher than that.
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Lucius
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July 07, 2019, 09:43:35 AM |
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We all know Bitcoin will go to the moon and it will surpass Gold someday. There is nothing new about this information. I am not sure who wrote that articles in that shitty website. It looks more like copy and pastes from different website. No original thought. I have also noticed you have been posting only from this website. Stop doing clickbait and start working on real content.
I can agree with your thoughts, people just want to be in the game of speculations, and get some free PR. If they are right in what they say, media will point that out next time in some other article, but if they are wrong it is better to not mention such things. $1 trillion market cap is not some unattainable goal for bitcoin, there is no doubt that it will happen in future, but it will take some time to reach gold market cap which is around $7 trillion. I try to visit link from OP, but it is blocked by Chrome as : Deceptive site ahead.
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Red-Apple
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July 07, 2019, 10:39:20 AM |
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haha, now that they have ran out of prices to throw at us to look like "expert analysts" since every number (for price) is reptead already a million times they are moving on to market cap. basically this dude is saying bitcoin is going to reach about $50k-$55k price which is one of the most common guesses among the price guessors who call themselves "experts" ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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xWolfx
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July 07, 2019, 11:35:34 AM |
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Firstly, I have never heard of this guy. Name sounds funny. Secondly, what he claims makes complete sense and many have already made such bold predictions in the past owing to the potential of Bitcoin.
However, this might take many years to actually happen. Adoption rates need to go through the roof and regulations need to be set in place in every country. Time is the most important factor here.
Of course it makes complete sense. Also, you are 100% right, the fact that adoption rates are really high means that practically every country accepted it and in order to do that they have to regulate it. If the government won't regulate something, there's always some individuals who will attempt to abuse and if they can they will do it regularly until they are stopped. That one works for everything in life. Then the halvings need to come later, obviously. Another really important aspect that needs to be implemented and will be - Since it's automatic. In fact, the future implementations of Blockchain will help a lot in that regard. I will dare to say that they will help a lot more than anything else combined. This means that this goal can be broken easily given the right amount of time.
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jossiel
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July 08, 2019, 07:20:29 AM |
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~snip~
On point, a game of supply and demand and the concern with those altcoins that has billions of supply yet the demand is too low, don't expect something big with them. And one factor that will help to make it possible because by 2025, there will be 2 halving that we'll pass. One is for 2020 and the other is for 2024 which will make the difficulty of mining higher as it halves the reward whilst the demand will do the same.
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BitHodler
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July 08, 2019, 10:21:33 AM |
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basically this dude is saying bitcoin is going to reach about $50k-$55k price which is one of the most common guesses among the price guessors who call themselves "experts" ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It's a safe bet. I think that these perma bulls are realizing that predicting ridiculous price levels isn't helping them to gain any recognition, therefore play it safe and increase the probability of being right. News outlets don't care-- the moment we see Bitcoin's market cap hit a trillion dollar, they will refer to this guy as the expert who correctly predicted this move. I'm quite sure that this is what these people are after. I remember how CNBC last year referred to Ran Neuner as the expert who correctly predicted the price to drop a lot, while this guy was just blindly guessing. His second prediction was far off because he ran out of luck. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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BSV is not the real Bcash. Bcash is the real Bcash.
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Pursuer
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July 08, 2019, 10:39:37 AM |
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basically this dude is saying bitcoin is going to reach about $50k-$55k price which is one of the most common guesses among the price guessors who call themselves "experts" ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It's a safe bet. I think that these perma bulls are realizing that predicting ridiculous price levels isn't helping them to gain any recognition, therefore play it safe and increase the probability of being right. News outlets don't care-- the moment we see Bitcoin's market cap hit a trillion dollar, they will refer to this guy as the expert who correctly predicted this move. I'm quite sure that this is what these people are after.I remember how CNBC last year referred to Ran Neuner as the expert who correctly predicted the price to drop a lot, while this guy was just blindly guessing. His second prediction was far off because he ran out of luck. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) exactly! I have said this many times before. these people are good observers! they know that the media is filled with idiots like them. when they predict a price for bitcoin, if they are wrong then they are just one idiot among thousands and nobody would either care or remember. but if by pure luck their shot in the dark hit the target, they will start their campaign of "I told you so". but the good news is that such "fame" has never lasted for more than a week or two ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Only Bitcoin
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Vishnu.Reang
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July 08, 2019, 11:16:10 AM |
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2025? Nope. We don't need to wait for another 6 years to witness that. If you remember, in 2017 the total crypto market capitalization was only a tad short of the $1 trillion mark. And looking at the current market situation, it looks like this milestone will be reclaimed sometime in 2020, either before or after the next block reward halving.
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dothebeats
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July 08, 2019, 11:39:35 AM |
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2025? Nope. We don't need to wait for another 6 years to witness that. If you remember, in 2017 the total crypto market capitalization was only a tad short of the $1 trillion mark. And looking at the current market situation, it looks like this milestone will be reclaimed sometime in 2020, either before or after the next block reward halving.
We're talking about bitcoin alone in here, sans other cryptos. Bitcoin only constituted the $317-B out of the $600-B total crypto market cap of the 2017 run, so it will really be a long journey before we reach $1-T market cap for bitcoin alone. I'm a bit optimistic for the rise though at some point, I tend to ask where would the remaining money flow from? There has to be a source of money for this to be done, but then again for the past 10 years, bitcoin never failed to surprise people for the unexpected things it has done.
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