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Author Topic: I wan't to believe  (Read 3189 times)
tenakha
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October 02, 2019, 02:08:19 PM
 #61

I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this Smiley
Have a good day to all here. Smiley

I do not believe there is anyone here who does not want to believe him. Everybody needs a price increase. I also expect price increase by the end of the year, and the future halving will have an impact. It depends on how psychology analyzes innovations so there is a need for innovation that can affect everyone's psyhology. On the other hand expecting too much at any price does not cause good results and now it has been waiting around $8000.
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October 02, 2019, 03:46:41 PM
 #62

October 2019    -  BTC16,000$

So we need to wait for what will happen in this month. If the prediction right, we will make a lot of money from bitcoin. But if his prediction is not right, then we need to wait for long. That's simple. Now with the price still at $8k, we need to increase two times than now so we can reach that number. Maybe if there is a big demand for buying bitcoin, the price can increase this month. But if the demand is like this, we cannot expect more.

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October 02, 2019, 06:40:41 PM
 #63

October is coming and $16k price is nowhere to be found. Tongue
I guess you have to believe that most of these predictions are not meant to be real in the future.
There must be something wrong with their prediction why it doesn't go the way they expect it.
Just like the thought of expecting Bitcoin that would start to become bullish when bakkt is released but it was an epic fail. Roll Eyes
Though it's not over yet and we just step inside october but there's a need of a huge pump in order to make this prediction come true. Like what you've said, it's only proving that most of those predicted value did not happened and instead it's moving in a different directions.

You have to keep yourself away from any influence of such opinions, better to make your own study and deal with your own understanding while working from this market.
You may be right that we have to wait until the end of this month but I highly doubt the market right now because it is not acting like it would be going to hit that $16k. It's more like hitting the $10k back but if there is something that would flip this market, then it's no other than the whales.

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October 02, 2019, 07:53:52 PM
 #64



April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$


This was actually posted on 4chan during the bear market sometime last year. So far the prediction was fairly reliable. Now its possible for Oct 2019 to hit $16K, there were days when we had +20% days. So it seems doable however the other predictions are far fetched.

I don't think its possible to go from $29K to $56K in 6 months or from $56K to $87K in as little as 4 months. People need to realize that for price to hit those levels there needs to be massive adoption. Someone needs to buy your BTC you are selling and I don't think too many people would want to pay close to $100K for a single bitcoin, especially in about a year or so since in a few months the year will be over.
People believe this kind of predictions because they do not really understand how the market works, they believe the price will always go up and that there is not a limit to the price bitcoin can reach and that is not true, the price will only go as far as people are willing to pay for each coin and for that number to go up we need the adoption levels to grow significantly and that is not something that can happen overnight, it will probably take years or even decades before we can reach a price close to 100k.
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October 02, 2019, 08:54:00 PM
 #65

Me too.
But I dont think that will happen smoothly or maybe never.
It is so good to be true. Looking at it, the numbers are too high to be just neglected by the world government.
There will be something that will topple it to avoid wreckage in the financial system.
Also, we have to consider the panic guys which might sell at its peak.
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October 02, 2019, 11:33:26 PM
 #66

People here are basing their trades on perceived sentiment, not realizing judging sentiment is literally the most unreliable thing you can do. Unless you magically know the opinion of every single participant in this market, you can't accurately gauge sentiment. Even sentiment analysis tools have their own flaws and biases. Instead of worrying about sentiment, focus on what the market is telling you and zoom out. We are in a consolidation period after a huge red volume move which in turn occurred after three months of consolidation. We closed below the 200 MA on the daily. This has literally never happened in any bull market in BTC's entire history. Descending triangles also have measured moves. With that much of a spike and after that long of sideways action, the target for that measured move is the upper $8,000. I can call it the end of the bear, thereby the Bull Market has begun.
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October 03, 2019, 06:14:31 AM
 #67

I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this Smiley
Have a good day to all here. Smiley

It seems that the price for this October is quite high and by looking on the price we have now is not evem close however, we have been experience the suprise price surge a yearn ago so it is not impossible though. We can achieve that price but I think not this month, probably November or before the end of the year. As far as I know, even if bitcoin is volatile it cannot pump into a huge price for a single amount of time.

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October 03, 2019, 10:12:07 AM
 #68

Currently october 2019 but bitcoin cannot reach to $16000 even the price currently down below to $9000 so i assume this predictions clearly wrong because predict the wrong price for this month but i wouldn't take it seriously because to get correct predictions is near to impossible because the price of bitcoin will always be unpredictable but i always be glad to see people feel optimistic to see bitcoin price high again

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October 03, 2019, 04:59:55 PM
 #69

We all want it to be that way but we also know it's not that easy to make it happen, there are many into considerations to make the market pump and to continue in such amount, but we don't hold that all, maybe if all holders are able to talk together we can manipulate it, but that seems impossible . Let's see this October what price it will end and in next halving how much it will reach. I'm still willing to hold mine until the market bull arrival.

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October 03, 2019, 05:47:44 PM
Last edit: October 03, 2019, 06:21:35 PM by Frengki_cisco
 #70

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$
I have read in one media source, regarding the prediction of Bitcoin for 2019,
The media says that every 4 years the Bitcoin mining block will shrink.

If, judging from the results of the data, there is a big possibility that by 2020 Bitcoin could have been ranked: February 2020 - BTC $ 29,000
Starting from now: October 2019 - BTC16,000 $
It's still only a prediction,
The predictions are the same as we fish in the sea.

BTC
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October 06, 2019, 03:30:18 PM
 #71

Me too.
But I dont think that will happen smoothly or maybe never.
It is so good to be true. Looking at it, the numbers are too high to be just neglected by the world government.
There will be something that will topple it to avoid wreckage in the financial system.
Also, we have to consider the panic guys which might sell at its peak.
That is why it is so difficult to predict what the price of any asset will be at any point in time, if governments decide that if the price of an asset could indicate weakness on their part you can be sure they will do everything they can to manipulate that price, this is what it has been happening to gold for decades, governments are manipulating its price by creating gold certificates but the trick is there are more gold certificates than actual gold so this makes the supply to go up and the price to go down, and it is possible they will try this with bitcoin as well.
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October 06, 2019, 05:40:25 PM
 #72

I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this Smiley
Have a good day to all here. Smiley


This is not Technical Analysis. This is random prediction made on the basis of single trend. People usually take at least 2 trends to form a graph line however, three Is preferred. But in this case there is only one trend i.e. 73% rise from $5.2K to $9.2K. The article you stating has made predictions for October, Feb, July and Nov on the basis of just single data! This is entirely wrong. I would have believed the prediction more if atleast 4 of the above have already been happened.
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October 06, 2019, 06:51:30 PM
 #73

I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this Smiley
Have a good day to all here. Smiley

I think it's better if you display a chart or graph where you have created this thesis of bitcoin going to 80k because as far as i know no technical analysis is able to predict 4x price of the All time high. I think this is more of a emotional based analysis based on the past trend of percentage increase but I think this wouldn't be possible because their was a sudden surge during 2017 due to ICO boom which might never be possible again.
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October 06, 2019, 09:12:42 PM
 #74

Well for the record I think everyone wants to believe in that prediction I mean it gives hope for the long term investors and for those who lose some money back in 2018.
It already proves April and July and we are now in October ,
Who knows maybe something big would happen and make that prediction happens.
But I think it is too good to be true right now ,
But I guess there are some things that we could never expect in crypto and the market could easily switch .

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October 06, 2019, 10:14:29 PM
 #75

I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this Smiley
Have a good day to all here. Smiley

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October 10, 2019, 05:44:02 PM
 #76

I think not all of these predictions are accurate to 100%, there are indeed a number of predictions that are approaching at the beginning that he mentioned. Even now we have entered October and in fact the market price has not touched $ 16,000 but is still in the range of $ 8220, the prediction is certainly not trustworthy because to touch the prices that have been mentioned it still needs to increase to double from now
The issue with predictions such as this is that the further you go to the future the less reliable the prediction becomes, besides such predictions are useless, if someone could predict with a high degree of accuracy what the market was going to do during the next hour I can guarantee you that person will become very quickly one of the richest person in the world, but no one can do that, and if no one can predict what the market will do in just an hour what makes you think someone can predict what the market will do months or years later?
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October 10, 2019, 09:31:58 PM
 #77

I think not all of these predictions are accurate to 100%, there are indeed a number of predictions that are approaching at the beginning that he mentioned. Even now we have entered October and in fact the market price has not touched $ 16,000 but is still in the range of $ 8220, the prediction is certainly not trustworthy because to touch the prices that have been mentioned it still needs to increase to double from now
The issue with predictions such as this is that the further you go to the future the less reliable the prediction becomes, besides such predictions are useless, if someone could predict with a high degree of accuracy what the market was going to do during the next hour I can guarantee you that person will become very quickly one of the richest person in the world, but no one can do that, and if no one can predict what the market will do in just an hour what makes you think someone can predict what the market will do months or years later?

But is that so easy to predict the price accurately?? As since long people are in this market working on it to grab the best and fix price predictions but it’s hard as crypto has the most volatile nature if once it become shaken no one know will it rise or fall even more. Price has stated to rise and within few months it will be high as price takes only few hours to change.

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gabbie2010
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October 11, 2019, 05:28:22 AM
 #78

Currently october 2019 but bitcoin cannot reach to $16000 even the price currently down below to $9000 so i assume this predictions clearly wrong because predict the wrong price for this month but i wouldn't take it seriously because to get correct predictions is near to impossible because the price of bitcoin will always be unpredictable but i always be glad to see people feel optimistic to see bitcoin price high again
October had not ended we have 20 more days to go anything can happen when as regards the price of bitcoin the is actually unpredictable neverthess a big move between two days can pushed the price to $10K bitcoin is very volatile and pumps massively in any event of fundamental news thus the prediction can come to pass based on the OP analysis.

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October 11, 2019, 06:20:47 PM
 #79

The issue with predictions such as this is that the further you go to the future the less reliable the prediction becomes, besides such predictions are useless, if someone could predict with a high degree of accuracy what the market was going to do during the next hour I can guarantee you that person will become very quickly one of the richest person in the world, but no one can do that, and if no one can predict what the market will do in just an hour what makes you think someone can predict what the market will do months or years later?
Mate, it is easier to predict what will happen to a coin in future than to even predict what will happen to them in an hour, speculating coins hourly will involve the use of technical analysis, but for long term, you could easily watch out for fundamentals that would point you to the direction of bitcoin in future.
 
Prediction cannot be accurate actually because we have so many people that are very silly in predicting and they just talk without fact, but we really have some people that will study the market thoroughly to really know what the future hold for a particular coin. If price prediction where not working, there is even no way that people would be trading and making money and not everyone you see in trading does a guessing work.
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October 14, 2019, 09:38:53 AM
 #80

I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this Smiley
Have a good day to all here. Smiley

This is just a mere predictions,  no proves to back it up,  anyone can come out in giving such predictions too,  we are in mid October and the price of bitcoin is still not closer to the proposed speculation,  you should not have a high hopes on this prediction

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