Bitcoin to $150K and Ether to $9K

[carlfebz2]

Another day another speculation that bitcoins price would reach out $XXXXXX amount in year XXXX .

This kind of lines can really be seen from time to time where people do become exaggerated into their wild guesses on where the price would go ahead. Nothing can predict out on where and when it will move.

This had prove out by BTC itself that it can break majorities expectation in a blink of an eye or a short span of time. Just to ask, did someone able to speculate that we would able to hit up that 20k ATH?
Im sure or 100% of us didnt really expect that one.

Experts, analysyst, known CEO or whatsoever. No matter what is their position, it doesnt really count for it to be precise when it comes on dealing with this unpredictable market.

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[exstasie]

In the grand scheme of things.  btc is worth  170-180 billion as I type.

The USA printed 4 trillion dollars more the 21 times that 180 billion value.

This was done to help the job losses from covid-19  europe printed more then 1.5 trillion euros about 10x the value of btc.

Asian countries are also trying to stimulate their economies by printing money.

We could see big price spikes in all crypto gold and silver.  Along with other precious metals.

So the idea of crypto doing a spike to 150k btc and 9k eth is not impossible.  but not likely.

How likely would you have said $20K was in early 2016?

Regarding all the money printing, a lot depends on how deflationary (if at all) this recession becomes. If it's just a typical recession like 2008 with only minor deflation, then all the money printing could definitely help propel BTC to new heights. If on the other hand it's another Great Depression with deep debt deflation, then I'm not sure I'd bet on the same outcome, even with central banks doing what they're doing.

[ultrloa]

This had prove out by BTC itself that it can break majorities expectation in a blink of an eye or a short span of time. Just to ask, did someone able to speculate that we would able to hit up that 20k ATH?
Im sure or 100% of us didnt really expect that one.

I understand why people keep predicting that we will go on such figure but for giving a huge figure is to much especially if we look at the current state of the world it so hard to come up even the past ATH where it almost impossible for us to reach by this year, we need more volume but that's not gonna happen since many people are afraid to throw their money on investment at this moment.

[maydna]

This had prove out by BTC itself that it can break majorities expectation in a blink of an eye or a short span of time. Just to ask, did someone able to speculate that we would able to hit up that 20k ATH?
Im sure or 100% of us didnt really expect that one.

No one can predict accurately where bitcoin price will move, but people can predict bitcoin price will move based on what happens in the market. We will hit that price, but we don't know when the time for that price to come to us. Perhaps, they are wrong in the predicting, but at least, they can have a hope to wait and see for where bitcoin wants to move. If that does not happen, then they will make another prediction, and sometimes, their prediction can be right, so, at that moment, they can be able to make a profit.

Perhaps, we already get experience from bitcoin, which can increase higher in a short time in the past, so that makes us predict where bitcoin price will move.

[slapper]

The question is when? Should we need to wait till 2050? Sorry, even if it is good news for Bitcoiners but I don't trust the prediction for now. Bitcoin $150K and Ether to $9K seems too big moves in the prices. I think it will more make sense if just expect Bitcoin $20K and Ether $500. We need to see the prices break that level first before predict bigger price speculations.

Agree. "When" is definitely a question everyone wants to know. Bitcoin is absolutely a treasure to humankind and its benefits are uncountable. However, it's hard to see the advantages in the world full of new techs. The blockchain itself has proven that the world can become a better place which is more reliable and secure. But as the rise of AI, space adventures and electric cars, people seem to forget about bitcoin and other cryptos. And 2018 most of the people lost their fate in bitcoin and that's the main reason why bitcoin can not multiply its value.

In the future, we might see more applications of the blockchain and its clearly that many companies try to make the blockchain even stronger. And at that time, bitcoin may hit $150k. But of course, its hard to know when will it happen. Hold some bitcoin in your wallet. Who knows what bitcoin can bring for us

[Questat]

Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin price rise 1,400% to hit $150,000, and Ether and other solid altcoins making even more impressive gains.

The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000.

In a tweet on June 4, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action.

source : https://cointelegraph.com/news/analyst-predicts-next-bull-run-will-send-bitcoin-to-150k-and-ether-to-9k


Thoughts please, do you think it's going to happen?

Obvious that this is another bullish thread mate and many of us always longing for this kind of thread.

But the thing is do we really need to believe everything this Bullish people say?

Yeah this is lower than what most of the prediction we read about the price of bitcoin in Bull run but i don't think this is indeed to happen in our days now.

Look how denial we are having this time because of the Pandemic effect of COVID19.

The crisis are going around the world and even the Strongest countries like America and European countries are struggling how to end this.

We are not denial, we are seeing what is happening with the world and how it has affected our economy, but we also expect that it result to a drop of price for bitcoin but it didn't happen, in fact bitcoin rises this year.

So better let us just wait for the future prices and stop looking for over pricing.

How can you say I'm over pricing here, do you know exactly how bitcoin should be price right now?
I thought bitcoin is an speculative asset, so it has no appraised value or whatsoever.

[carlisle1]

Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin price rise 1,400% to hit $150,000, and Ether and other solid altcoins making even more impressive gains.

The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000.

In a tweet on June 4, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action.

source : https://cointelegraph.com/news/analyst-predicts-next-bull-run-will-send-bitcoin-to-150k-and-ether-to-9k


Thoughts please, do you think it's going to happen?

Bitcoin is no doubt that can reach that High in the coming uears but ethereum hitting 9k$?i am not sure if i am going to believe that not unless Vitalik Buterin will do His best to release the ETH2.0 and follow by another version in the following years then those progress might really bring best for the said number 2 ranked currency but if not?i am not sure if this will happen.

With the way bitcoin is going in price, $150k is not achievable in 2years time.

can you at least Give your opinion for this "Not Achievable in 2 years time"? because 3 years ago people also make bad comment about those saying that bitcoin will Hit 20k but in 2017 what happened?most of them regret what they said.

[btc78]

Surely i am one of the most happy people here in crypto if ethereum reached that $9k value,imagine how much income i will gather for just holding of more than a year because i bought some of my ethereum this last march 12 when the market falls low again of 50% decrease in price.

and also bitcoin Hitting 150$ thousand dollars?

I will become a millionaire here in my country and can't wait for this to happen .

Many people regretting to believe that prices like this is like a dream but when it comes?all of them feels loser and regrets everything.

[Questat]

Surely i am one of the most happy people here in crypto if ethereum reached that $9k value,imagine how much income i will gather for just holding of more than a year because i bought some of my ethereum this last march 12 when the market falls low again of 50% decrease in price.

keep holding, the price may fall but that is just temporary, or due to the volatility of ETH but for long term, I believe not only bitcoin is bullish but also ETH.
$9k is not a big price to achieve since we have see what cryto is capable of in the past, bitcoin going to the moon, altcoin also did the same.

and also bitcoin Hitting 150$ thousand dollars?

I will become a millionaire here in my country and can't wait for this to happen .

Many people regretting to believe that prices like this is like a dream but when it comes?all of them feels loser and regrets everything.

I wish you luck mate, but if you hold enough, it might come true.

[Saisher]

We must keep our hopes alive that it will eventually happen, our biggest evidence is the market condition, because even if we are in the pandemic the market continue to improve, if there is no pandemic, we could have reached the $15000 at this level, so many positive things are happening now in the market, I think the best is yet to come for us this year, we must keep on believing.

[bitbunnny]

Very optimistic predictions but not realistic if you ask me. Sometimes it seems that people think how Bitcoin price will really go to the value they want only if they want that hard enough.
Bitcoin is still under 10000$ and it seems that barrier is hard to cross so from the current position 15000$ doesn't look very likely as well as 9000$ for ETH.

[KTChampions]

Very optimistic predictions but not realistic if you ask me. Sometimes it seems that people think how Bitcoin price will really go to the value they want only if they want that hard enough.
Bitcoin is still under 10000$ and it seems that barrier is hard to cross so from the current position 15000$ doesn't look very likely as well as 9000$ for ETH.

I think these are incomparable levels. 15k is absolutely nothing unusual or even new for bitcoin. And 9k for ETH?!  Interestingly, the one who predicted such a level understood the approximate capitalization of ETH under these conditions? 

[Naida_BR]

Ether was the first coin that i started accumulating.
After that the prices started to drop and I didn't sell, thus I am a huge Ether hodler. If the price is going to surge to 9k it would be a dream for me and it would give me decent money to make my dreams true.

[BrewMaster]

Ether was the first coin that i started accumulating.
After that the prices started to drop and I didn't sell, thus I am a huge Ether hodler. If the price is going to surge to 9k it would be a dream for me and it would give me decent money to make my dreams true.

well i've got bad news for you, it is one of the very basic laws of any market called supply and demand. when there is unlimited supply of something available that thing can never have long term growth. that is one of the reasons why we have inflation in real world, the banks keep printing money (unlimited supply of fiat). a coin like ethereum that also has multiple similar and even better competition (better smart contract platform) that also has unlimited supply has no chance in a million years to reach such a high price like $9k.

[serjent05]

Thoughts please, do you think it's going to happen?

As of now,  Bitcoin going to $150k is a wishful thinking.  There is no strong reason why Bitcoin will go up to $150k except for the thing called scarcity.  But I think scarcity alone cannot push the value of BTC to such extent except if Bitcoin became mainstream and main global currency.  As time goes by competition in the world of cryptocurrency is getting tighter.  Though Bitcoin is leading the cryptocurrency industry as of today, we are not sure if this will stay after a decade.  Changes happen and Bitcoin dominance is not an exemption.  I hope to see Bitcoin at that price but realistic thinking tells me that it quite impossible to see Bitcoin reaching that price($150k).

[7788bitcoin]

I think these are incomparable levels. 15k is absolutely nothing unusual or even new for bitcoin. And 9k for ETH?!  Interestingly, the one who predicted such a level understood the approximate capitalization of ETH under these conditions? 

The hollowness of the prediction is on display when they predicted ETH to reach $9k  . Hope they understood that the total supply is infinite and for a coin that is unlimited in nature you cannot imagine a price to be growing just like that. There might be certain pump and dumps eventually but that does not mean the price is moving up because of the potential of the concept .

[KTChampions]

I think these are incomparable levels. 15k is absolutely nothing unusual or even new for bitcoin. And 9k for ETH?!  Interestingly, the one who predicted such a level understood the approximate capitalization of ETH under these conditions? 

The hollowness of the prediction is on display when they predicted ETH to reach $9k  . Hope they understood that the total supply is infinite and for a coin that is unlimited in nature you cannot imagine a price to be growing just like that. There might be certain pump and dumps eventually but that does not mean the price is moving up because of the potential of the concept .

Theoretically, we can call some figure that will be the "absolute limit" for the emission of ETH - inflation during the transition to ETH2 will significantly decrease. Considering that we are not immortal  (and the modern economic system, too), this limit exists. Another thing is that this does not help ETH to reach a obviously fantastic level of 9k 

[exstasie]

Ether was the first coin that i started accumulating.
After that the prices started to drop and I didn't sell, thus I am a huge Ether hodler. If the price is going to surge to 9k it would be a dream for me and it would give me decent money to make my dreams true.

well i've got bad news for you, it is one of the very basic laws of any market called supply and demand. when there is unlimited supply of something available that thing can never have long term growth.

The supply of ETH is not "unlimited." It doesn't grow on trees. On the contrary, exchange values suggest it is relatively scarce, not to mention its inflation rate is shrinking over time, lost coins, etc.

An eventual fixed cap on supply (like BTC has) is just the most extreme way to reinforce price appreciation. It's not necessary for weak supply and strong demand or bubble conditions. Just look at past altcoin bubbles for inspiration.

a coin like ethereum that also has multiple similar and even better competition (better smart contract platform) that also has unlimited supply has no chance in a million years to reach such a high price like $9k.

Ever looked at an ETHUSD chart from 2017? You really think it's not capable of a measly 650% run above the previous ATH?

Most of the altcoin and stablecoin economy is built on Ethereum. It's not going anywhere. And even if they only manage to do hybrid POS (not full POS as hyped) it will still be a huge catalyst for a bull run. I'm very bullish on ETH long term. In my opinion, $9K is aiming fairly low for the next bubble.

[Yamifoud]

$150k could it something to work and has the possibility but it takes more many years to come. Keeping the momentum in regards to market demand will possibly move high and doubling its volume as of what we have today and this will make a favor to reach for another ATH.

But for $9k for ETH, not that great it was coz it is still unclear how Vitalik is serious to his/their plan for ETH 2.0. Quite that it helps to uplift the price but for sure it will not guarantee that it reaches $9k. $4k-$5k will either be achievable and near to reality as the fact that ETH market demand is still not progressive at this time.

[Biodom]

I am going out on a limb here, but there is very little chance of eth 9K.
That's a trillion $ market cap. For what?
On the other hand, I can easily see btc at $150K since the use cases for it are much more streamlined.