I wan't to believe

[Silberman]

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.

It is true that fundamentals can be used to more or less tell you the direction the market could take, but fundamentals are not going to tell you when that movement is going to begin, how big the movement is going to be, it will not tell you if the market will temporarily go in the opposite direction, it will not tell you the top or the bottom and it can certainly not tell you what events are going to transpire around the world that will affect the value of a coin, as you can see predicting the price of a coin over a long period of time is still incredibly difficult.

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[buwaytress]

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.

Of course it's easy. Next week, Bitcoin will make a run for $9000 before going back in retracement to 8888. See how easy that was?

Now on whether or not any of these predictions can be accurate, the easy answer is no. Why do you think almost all (I want to say all but hey, benefit of doubt, right?) the crypto funds in 2018 lost money? And big money too, mind you. Fundstrat and all the big boys who make the headlines all couldn't make money. They're in the same idiot boat as we are;)

[DarkIT]

apparently, for predictions for this month a little missed. Well, even though it's only the middle of the month, it requires an increase of almost 100% to reach the price of $ 16,000. for the previous month it seems the prediction in this thread is quite correct, but for now, it seems like it would be incorrect. however, the current price of bitcoin does not even account for $ 10,000, and is far from the predicted price.

[BitHodler]

Why do you think almost all (I want to say all but hey, benefit of doubt, right?) the crypto funds in 2018 lost money? And big money too, mind you. Fundstrat and all the big boys who make the headlines all couldn't make money. They're in the same idiot boat as we are;)

Well said. It was a brutal massacre when the bubble finally popped.... no one could have seen that coming, not even the whales people always think manipulate the price. It's hard to think of anyone who didn't lose.

Even hodlers lost out because they saw their stack lose +80% of its value from the top---value no person likes to lose despite it being a hodl stack because we get used to that value and think of what we could do with it.

Mike Novogratz, who is a billionaire, lost like $80 million with his fund, so the smaller fishes definitely don't have to blame themselves for anything---losses are inevitable once the craze people got used to comes to an end.

[gandame]

apparently, for predictions for this month a little missed. Well, even though it's only the middle of the month, it requires an increase of almost 100% to reach the price of $ 16,000. for the previous month it seems the prediction in this thread is quite correct, but for now, it seems like it would be incorrect. however, the current price of bitcoin does not even account for $ 10,000, and is far from the predicted price.

We don't  know when the price is going to be up because no one can predict the price so we need to wait.
Price of bitcoin now is cheap than the price last year so bitcoin can goes up again the price like the price last year of december.

[inanilujimi]

anyone can predict the price of bitcoin but not necessarily what is thought in line with reality.
so don't expect too much into reality.
we are in the real world not in a fairytale world.

[redsun114]

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

Lol, when this prediction fails, then they will come up with another prediction again that would shift the time speculated for those prices forward and that is how it keep cycling, well it is good anyway, it encourages people to keep staying firm in the market and believing that there is hope for the future, but for my own prediction, I don’t tell people the specific time that I think bitcoin will reach a certain amount of value, all I just believe is that bitcoin will rise to the value one day based on some certain fundamental that I give, and it is now left for those that will make that fundamentals realistic to work harder on it.

We all have a very big role to play in the price movement of bitcoin, and I know that if we can all be using bitcoin for business payment of peer to peer payment, all those values could be achieved within the shortest possible time.

[dragonvslinux]

Unfortunately, I don't think anyone that looks into a crystal ball and tells you the price on a certain date does refunds.
Anyone telling you a certain price will occur on a certain date should be taken with an enormous dose of skepticism.

[milewilda]

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

Lol, when this prediction fails, then they will come up with another prediction again that would shift the time speculated for those prices forward and that is how it keep cycling, well it is good anyway, it encourages people to keep staying firm in the market and believing that there is hope for the future, but for my own prediction, I don’t tell people the specific time that I think bitcoin will reach a certain amount of value, all I just believe is that bitcoin will rise to the value one day based on some certain fundamental that I give, and it is now left for those that will make that fundamentals realistic to work harder on it.

We all have a very big role to play in the price movement of bitcoin, and I know that if we can all be using bitcoin for business payment of peer to peer payment, all those values could be achieved within the shortest possible time.

It would be less stressing if we dont expect for such price point.On this very speculative market,its just normal for people to keep speculating into things which they do saw its possible to happen and even connecting past or histories of prices with Bitcoin where they can picture or presume out on what would be the next target but the truth is that there would be always no guarantee on where would price would shoot up or dump down.There's only two ways to go which i had said earlier and as a speculator its better not to stress or hope too much because it can anytime break your expectations.

[Edraket31]

It would be less stressing if we dont expect for such price point.On this very speculative market,its just normal for people to keep speculating into things which they do saw its possible to happen and even connecting past or histories of prices with Bitcoin where they can picture or presume out on what would be the next target but the truth is that there would be always no guarantee on where would price would shoot up or dump down.There's only two ways to go which i had said earlier and as a speculator its better not to stress or hope too much because it can anytime break your expectations.

Too much expectations can sometimes lose our confidence and worst our investments, believe in what you are investing at, not just taking risk for nothing. We should take note the abnormality of crypto, no assurance/guarantee, we sometimes win, sometimes lose, keep holding and believing as Bitcoin has just started, we are still at young age, never too late yet.

[erickastella]

it's just a prediction, and I don't really believe it if it's true then I'm also happy to hear that, now in october 2019, he who posts that october 2020 bitcoin will break through 16,000 usd it's very possible, considering that many people believe that person's prediction then people race bitcoin buying  from now until the price of bitcoin is increasingly.

[Triffin]

it's just a prediction, and I don't really believe it if it's true then I'm also happy to hear that, now in october 2019, he who posts that october 2020 bitcoin will break through 16,000 usd it's very possible, considering that many people believe that person's prediction then people race bitcoin buying  from now until the price of bitcoin is increasingly.

But I think we should be positive regarding this situation because thinking positive always brings something positive as sometimes or mostly the predictions come true and may be this prediction is also one of them. In my opinion buying bitcoin from now will prove the most brilliant decision as mostly I believe in predictions and that decision become very good for me and hope that bitcoin will be at a very good price at the end of this year.

[Inkdatar]

anyone can predict the price of bitcoin but not necessarily what is thought in line with reality.
so don't expect too much into reality.
we are in the real world not in a fairytale world.

Everyone has their own predictions of bitcoin price. This is the reality in crypto the price could fall so deep and it could surge up. The point in here, we don't know when we could expect the price of bitcoin to increase. But, we can take this opportunity to have some btc at this price and wait to take profit.

[ecnalubma]

Most predictions are just joke, false prophets are just spicing things up but they have a purpose only for entertainment. People should stop doing it unless they’re showing their bases and technical analysis to support their theories.

[Silberman]

Why do you think almost all (I want to say all but hey, benefit of doubt, right?) the crypto funds in 2018 lost money? And big money too, mind you. Fundstrat and all the big boys who make the headlines all couldn't make money. They're in the same idiot boat as we are;)

Well said. It was a brutal massacre when the bubble finally popped.... no one could have seen that coming, not even the whales people always think manipulate the price. It's hard to think of anyone who didn't lose.

Even hodlers lost out because they saw their stack lose +80% of its value from the top---value no person likes to lose despite it being a hodl stack because we get used to that value and think of what we could do with it.

Mike Novogratz, who is a billionaire, lost like $80 million with his fund, so the smaller fishes definitely don't have to blame themselves for anything---losses are inevitable once the craze people got used to comes to an end.

This is one of the ugliest realities of the markets that many do not want to acknowledge, it is very easy to be a trader or an investor when the market is going up all the time, at that point everyone looks like they are a bunch of geniuses due to their profits, but it is when the markets go down when you can tell the difference between the good traders and the bad ones, the bad traders lose most of their profits and some of them even lose an important part of their capital, while the good traders still lose money but not as much, both traders lost money but the difference is in the magnitude of the losses.

[Pelunize12]

bitcoin is on downtrend in large time frame (weekly) and on under 200 MA which means bearish
the price is 7900$ now so need gain more than 100% to be 16000$ same as the prediction, but i think it's so hard that never happens in this month

[ancafe]

Most predictions are just joke, false prophets are just spicing things up but they have a purpose only for entertainment. People should stop doing it unless they’re showing their bases and technical analysis to support their theories.

it is reasonable. some people make predictions with their analysis and speculation. sometimes they get enough accurate evidence and information, which allows the price of bitcoin to go up high. however, some do it blindly. so it's only natural that some of the analysis isn't right.

[bitbunnny]

I guess every user has its own desired price level and predictions and that probably pushes them forward. Still there is a need to be realistic, not to have expectations that are exaggerated and can't be realised.
Having in mind current situation on the market I don't think we can't expect anything more than to go to 10000$ by.the end of the year but of course that isn't certain.

[Triffin]

I guess every user has its own desired price level and predictions and that probably pushes them forward. Still there is a need to be realistic, not to have expectations that are exaggerated and can't be realised.
Having in mind current situation on the market I don't think we can't expect anything more than to go to 10000$ by.the end of the year but of course that isn't certain.

It’s true that every prediction is not realistic but I think everybody here hope for the best because they have invested a good part of their funds so they do not want any loss, and talking about the price prediction I think the price of Bitcoin has faced many dump in last months, now it is again on its way to up, so at the end of this year the price of Bitcoin must be above $10k.

[STT]

Does the chart never lie? Just trying to get your opinion on this matter.

The chart lies because people lie, to themselves to others and in the trades they make and the money they place some of which is not theirs to keep.   People will buy and then sell lower when scared of a falling price, the chart is no certain thing and I find its definitely a human thing in that it will never be completely obvious nor see through in its true direction.    There is also too a feedback effect, when the chart is rising then people feel more confident but its just a price and not a reason to buy.   Its generally true if people buy on flimsy reasons they will also sell just as easily.
    I would argue mostly if you want to believe, don't believe the chart.   Have more then the price as a reason to believe, the price is not actually something that matters.   Even more important is the price we most often take as our headline is just a reflection of the $$ Dollar strength or weakness on that day and its not a real show of what Bitcoin is, only how it contrasts to a FIAT standard.