Max Keiser claim Bitcoin Will Cross $15,000 This Week

[Prateek_sharma]

Well!!

Max Keiser believes that bitcoin price will cross $15,000 this week, in a recent Max Keiser tweeted that I’m sensing #Bitcoin will cross $15,000 this week. Confidence in central governments, central banks, and centralized, fiat money is at a multi-decade low.

What's your point of view on this?

[TimeBits]

Well!!

Max Keiser believes that bitcoin price will cross $15,000 this week, in a recent Max Keiser tweeted that I’m sensing #Bitcoin will cross $15,000 this week. Confidence in central governments, central banks, and centralized, fiat money is at a multi-decade low.

What's your point of view on this?

Who the fuck cares, what is the difference of 12,000 backed by nothings compared to 15,000 backed by nothings, nothing.

12,000 x 0 = 0
15,000 x 0 = 0

hold your bitcoin, fuck fiat.

You must realize now, that the fiat price of bitcoin is irrelevant, just like the fiat price of gold.

Anytime you sell bitcoin for fiat, you are at a loss, even if you gain $10,000,000 more nothings.

[richdi]

Max Kaiser is bitcoin maximalist and I believe him, remember 85% of bitcoin is already mined ans the demand is going up

[Taskford]

Well!!

Max Keiser believes that bitcoin price will cross $15,000 this week, in a recent Max Keiser tweeted that I’m sensing #Bitcoin will cross $15,000 this week. Confidence in central governments, central banks, and centralized, fiat money is at a multi-decade low.

What's your point of view on this?

It seems possible seeing that we are already near at $12,000. From the previous rallies over the past few feeks I've seen that it makes a correction everytime it climbs up for a whole week. So maybe when it reached $15000, I will take profit and wait for the market correction to buy again.

[antisocial77]

Maybe he needs money and trying to start a fomo so he is going to sell at 15k
Really guys, do you still believe this kind of people? Max, mcaffee etc?

[serjent05]

Max Kaiser is bitcoin maximalist and I believe him, remember 85% of bitcoin is already mined ans the demand is going up

True that, but I do not think that $15k is possible this week unless there is a major event that will push the price of Bitcoin that much.  I agree that Bitcoin volatility is crazy and it is capable of increasing upto 100% in just a matter of months but I do not hear nor read any major event that will support Max Kaiser's prediction.

[mk4]

True that, but I do not think that $15k is possible this week unless there is a major event that will push the price of Bitcoin that much.  I agree that Bitcoin volatility is crazy and it is capable of increasing upto 100% in just a matter of months but I do not hear nor read any major event that will support Max Kaiser's prediction.

While I don't think we're going to hit $15,000 this week and while I've always hated these "predictions", the price prediction is sliiightly realistic in my opinion. Yea, it's $3,300 away which is around 28% increase from here, but remember that we're talking about bitcoin here. Bitcoin pretty much has surprised everyone in the past multiple times with it's flash price increases and drops.

Also, I don't think major events are required at all. It could pump that much due to demand alone.

[Muzika]

Well!!

Max Keiser believes that bitcoin price will cross $15,000 this week, in a recent Max Keiser tweeted that I’m sensing #Bitcoin will cross $15,000 this week. Confidence in central governments, central banks, and centralized, fiat money is at a multi-decade low.

What's your point of view on this?

This is his speculation and there are lots of people claiming that they know what will happen to the price with the fact that no one really knows it. If it is true there will be lots of successful traders and holders in the future.

[leowonderful]

I'm pretty sure we're not going to cross $15k this week or even $13.8k which was near the last high during this run, but at the very least I find it likely we're going to continue this rally upwards with perhaps a bit of sideways action but mostly upwards movement. Still a bit higher than I think we'll realistically reach this week, but it's definitely possible.

Also pleasantly surprised we broke out of the 4 digits so rapidly recently and we had such a large green 4H candle from $11k to close at $11.6k yesterday. Didn't expect things to rise so quickly, but I'm going with the flow and still buying into dips whenever possible.

[harizen]

Well!!

Max Keiser believes that bitcoin price will cross $15,000 this week, in a recent Max Keiser tweeted that I’m sensing #Bitcoin will cross $15,000 this week. Confidence in central governments, central banks, and centralized, fiat money is at a multi-decade low.

What's your point of view on this?

John McAfee, Max Keiser who's next? Maybe Donald Trump, LeBron James? Again, anyone can say their thoughts.

No doubt they have some points. $15,000 this week is realistic however it will remain as speculation until it happened.

Chances are everywhere. Looking at the hourly chart, green candles building up strongly. This should serve as fuel on another big run. However, don't be blinded by the facts that the other way around can happen too even how strong the current trend is.

Let's see what will happen this week.

[LeGaulois]

His claims are often vague or so evident that he can't be wrong. Any person could do the same and having the same accuracy.
The $15k for this week could be possible... but based on what? Just because he's sensing something? I prefer to listen to people who can argue their opinion.

Did he place anything on the desk?

$10k

[exstasie]

The $15k for this week could be possible... but based on what? Just because he's sensing something?

Keiser is a perma-bull like Tom Lee. He doesn't need a reason. He sees green candles and thinks "moon!" I'm assuming he sees this $3,000 rally over the past week or so, and has concluded that we are now accelerating into a continuation of the 2019 bull run.

Personally I'm on the fence, not willing to long or short. We're nearing the point ($12,000+ area) where I would expect another reversal to the downside if the market is still in its correction phase. Based on past bull markets, I would normally expect this correction phase to last several weeks longer than this. We still haven't touched the 20-week EMA or MA, which I expect to happen at some point. That could be in the $10,000s or $11,000s rather than the $8,000s where they are now though.

I really don't like the fact that longs are reaching epic levels on Bitfinex and Bitmex while no one is shorting. We're building up a supply/demand dynamic that could trigger some very strong dumps.

[The Sceptical Chymist]

Really guys, do you still believe this kind of people? Max, mcaffee etc?

I do tend to believe him, but it's not a very hard prediction to make when bitcoin is booming like it is--people always make predictions for higher prices when the price is going up, and people like Max Keiser probably do so in order to keep their names in the news.

And in general, no, I don't listen to what folks like Keiser, Schiff, and McAffee say.  They're a bunch of zealots and if you get caught up in the BS they're selling you could get swept away in a sea of emotion.  That's what they're betting on, believe me.

Not sure if bitcoin going to $15k this week would be a good thing, either.  I think that would be a little too much of a gain.  Personally I don't own much anyway, so I've got very little skin in the game.  I'm a passive bystander and objectively I don't think $15k would hold for long if we see that price this week.  But we'll see.

[Saint-loup]

Well!!

Max Keiser believes that bitcoin price will cross $15,000 this week, in a recent Max Keiser tweeted that I’m sensing #Bitcoin will cross $15,000 this week. Confidence in central governments, central banks, and centralized, fiat money is at a multi-decade low.

What's your point of view on this?

I'm sorry but there was an older thread on this subject with almost the same title that has been opened yesterday by Dixbless. So I think you should lock your thread (with the link at the bottom left of the page) and continue to post in the initial topic.  
https://bitcointalk.org/index.php?topic=5172263

[Wilhelm]

hold your bitcoin, fuck fiat.

Amen

[sunsilk]

He used the word "sensing" in other terms it's a simple and plain speculation and opinion without factual basis related to charts and scenarios.

Expect that he's not the only person to tell their sense or speculation about bitcoin. With the increase, they will also ride and give their opinion about the current run that we've right now. I think he wants to create a FOMO out of his followers.

[figmentofmyass]

it's a little troublesome how low bitcoin network fees are. i haven't had to pay more than 5 sat/byte in weeks, and 1 sat/byte transactions are getting confirmed everyday. usually in a bullish trend like this, they spike up quite a bit. but instead, even after a $3000 rally, the network is looking.......dead. what's up with that?

the other thing is the dead volume. the ideal bullish scenario is to rally on high volume, trapping sellers below as price moves upwards. when you don't see volume after days of rallying like this, it can mean that selling volume just hasn't come in yet. so if the tide turns and sellers see price reversing, that's when we could see heavy dump volume come in.

i'd like to see how the market reacts to a strong pullback before going full bulltard.

[buwaytress]

Oh Max. Bitcoin was doing just fine in August, I'm getting quite a bit of joy myself from the pump, but I suspect it didn't need him to go and set it off on some jinx.

All it needs now is a certain Tom Lee to pile on the pressure for 15k and then we expect a drawback almost immediately

[mk4]

it's a little troublesome how low bitcoin network fees are. i haven't had to pay more than 5 sat/byte in weeks, and 1 sat/byte transactions are getting confirmed everyday. usually in a bullish trend like this, they spike up quite a bit. but instead, even after a $3000 rally, the network is looking.......dead. what's up with that?

While definitely significantly lower than what we had in like 2017, it really isn't "dead" though. Not even close. As per blockchain.com's statistics[1], we peaked at 490,644 transactions on December 14, 2017, and in the past 30 days, we're averaging at around 330,000 per day. That's still quite big in my opinion even if it's lower than the peak.

[1] https://www.blockchain.com/charts/n-transactions-per-block?timespan=all

[figmentofmyass]

it's a little troublesome how low bitcoin network fees are. i haven't had to pay more than 5 sat/byte in weeks, and 1 sat/byte transactions are getting confirmed everyday. usually in a bullish trend like this, they spike up quite a bit. but instead, even after a $3000 rally, the network is looking.......dead. what's up with that?

While definitely significantly lower than what we had in like 2017, it really isn't "dead" though. Not even close. As per blockchain.com's statistics[1], we peaked at 490,644 transactions on December 14, 2017, and in the past 30 days, we're averaging at around 330,000 per day. That's still quite big in my opinion even if it's lower than the peak.

with limited block space, the number of confirmed transactions isn't going to range very widely. while going from 490,644 to 272,974 (a 44% drop) last week says something, i'm talking about fees. and i wasn't trying to imply the network is literally dead.

if you can consistently get 1 sat/byte transactions confirmed, there obviously is very little competition for block space. that's indicative of low exchange activity as well, which lines up with the super low volume nature of this rally.