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Author Topic: Do you agree with this crypto expert's bitcoin price prediction?  (Read 339 times)
justdimin
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August 12, 2019, 04:18:41 AM
 #41

2023 is too long to predict anything, it could be 1000 by 2023 or it could be a million dollars and we wouldn't know the difference from today. Hopefully, I would like to see it above 50k at least until then, not in 2023 though like before that, hopefully after this halving it could be totally reaching to 50k before or after that halving, I am not sure but that is at least my hope.

These predictions are all hope actually, the market is not tied to anything and no indicator could predict the market because only thing that matters in crypto market is what people think the price should be like. For example, if people think it should be 250k then people would stop selling bitcoin under 250k because they think it should be 250k and buyers will start buying until it reaches 250k, hence there is really no prediction of what people may think about it in 2023.

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August 14, 2019, 07:56:43 AM
 #42

I think it's possible, therefore I would agree with the prediction.

That's more than 3 years to make it possible and given the price history of bitcoin, it's likely to happen, what we need is just to make a new ATH and then for sure bitcoin will skyrocket again before it will start to be stable again.

In the past, particular last 2018, there was a long correction that resulted to a bear market, I think once market starts to recover, it will not happen again.

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August 14, 2019, 08:39:47 AM
 #43

I think it's possible, therefore I would agree with the prediction.

That's more than 3 years to make it possible and given the price history of bitcoin, it's likely to happen, what we need is just to make a new ATH and then for sure bitcoin will skyrocket again before it will start to be stable again.

In the past, particular last 2018, there was a long correction that resulted to a bear market, I think once market starts to recover, it will not happen again.
Well, when we talk about the value and vision of the future of bitcoin, I have a lot of similarities with experts when they talk about bitcoin's development but for price predictions, I really don't have much faith because they often rely on historical figures for random judgment, this may be reasonable when we talk about the near future but talk about the far future, that would be a mistake. The market and value of bitcoin cannot increase exponentially as crypto experts predict, it has too many factors to influence and hinder these predictions.

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August 15, 2019, 12:34:36 PM
 #44

I think it's possible, therefore I would agree with the prediction.

That's more than 3 years to make it possible and given the price history of bitcoin, it's likely to happen, what we need is just to make a new ATH and then for sure bitcoin will skyrocket again before it will start to be stable again.

In the past, particular last 2018, there was a long correction that resulted to a bear market, I think once market starts to recover, it will not happen again.
Bitcoin will skyrocket, I know, but it would skyrocket to a more imaginable figure and not all these unimaginable figures that people are just guessing left to right. Before bitcoin can reach such amount of value within the next 3 years, honestly, it must have gotten to that stage where it will not have rivals again in the market, and also gotten to a stage where it would have been approved by government, sec approving the ETF, and then there would have been at least 80 percent of total world’s population become aware of bitcoin, and the rushing to place demand for the little left supply in the market, then that could be possible to create every high value for bitcoin, but I don’t really think that bitcoin will grow more than $50 to $100k within the next 3 years.
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