South Park
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November 23, 2020, 10:01:38 PM |
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I don't even believe that it could touch $100K even at the end of 2021 so why would I even believe in his prediction? If you have been in crypto for years you would know that going into that high price is too hard there are some unpredicted moves of the market. We couldn't expect it to always go up without having a correction.
Another question that comes to my mind is, does it even matter? What I mean is if bitcoin reaches that kind of price during 2021 I'm still going to hold my coins, and if it doesn't I'm still going to hold my coins as well so it makes no difference, the only ones that care about such a fast growth are the ones that trade the markets, for everyone else it is kind of irrelevant, so while it would be nice to see bitcoin reaching that kind of price it is not going to change my posture at all.
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batang_bitcoin
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November 23, 2020, 10:31:08 PM |
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maybe the next halving will bring Bitcoin to a price of $ 318k, now i just want to see Bitcoin be at $ 50k for 2021, and cause a pump impact to altcoins, that's what I'm waiting for, because I'm an altcoin holder.
You're an altcoin holder and you're hoping for bitcoin to pump to $50k by next year. Why decide of holding altcoins if you're hoping and you know that bitcoin's gonna reach that price? It is more comfortable and easy for you to hold bitcoin than to hope bitcoin's pump will lead your alts to pump. There's an uncertainty holding alts because some of them might pump but mostly don't even if bitcoin's pumping.
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Rent this sig space so that BTC goes to $100k.
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Hamphser
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November 23, 2020, 10:52:40 PM |
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I don't even believe that it could touch $100K even at the end of 2021 so why would I even believe in his prediction? If you have been in crypto for years you would know that going into that high price is too hard there are some unpredicted moves of the market. We couldn't expect it to always go up without having a correction.
Another question that comes to my mind is, does it even matter? What I mean is if bitcoin reaches that kind of price during 2021 I'm still going to hold my coins, and if it doesn't I'm still going to hold my coins as well so it makes no difference, the only ones that care about such a fast growth are the ones that trade the markets, for everyone else it is kind of irrelevant, so while it would be nice to see bitcoin reaching that kind of price it is not going to change my posture at all. Not seeing that this would be applicable to all since even those hodlers will really most likely to spot out for those top peak prices yet we know that we do have our own targets and goals on when we should sell.So this is always a personal preference or own terms in regards to their views and making up decisions. Talking if it does really matter? You cant really say that people wont really make any reactions of it because if we do talk about 318k in a matter of year then its really impossible and we should consider on how long we've been waiting before the price do able to reach up its ATH? its 3 years and looking into the price we've been discussing where talking about 6 digits which isnt really realistic.
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dimonstration
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November 23, 2020, 11:04:58 PM |
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$318K is too high, it is possible but short term prediction isn't feasible.Bitcoin usually has a record after 3 years but it falls in price after this time. Optimism is good but wait for this cycle for another 3 years(2023).
Threads like this with over over prediction been appearing since BTC is currently going 19k without a sudden drop or correction. The price is too high to believe, we will believe once it happen but for now being able to see it back and staying long with these high amount already is satisfying knowing how much it drops from 2017 ATH as well in the past years that price been rally a roller-coaster ride. Those who wait patiently from 201u are able to gain now even the price is not at what's mentioned.
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elisabetheva
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November 24, 2020, 08:44:46 AM |
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all obviously will have very different perceptions in determining the best price of bitcoin and this is only natural because everyone has their own analysis and no one prohibits. for me the current price of bitcoin is very surprising because in recent months the increase and decrease has occurred very quickly and this is not the criterion of bitcoin.
I predict that by the end of this year bitcoin will be in the range of $ 15K- $ 16K only and the current price is likely to drop to reach that price. but a sharp increase will occur in the next year.
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FanEagle
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November 24, 2020, 10:51:20 AM |
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Obviously whenever there is a hype around bitcoin there will be ton of threads like this. Funny thing is, whenever bitcoin drops there are threads about bitcoin going to zero as well and usually these are the same type of people as well. They are not exactly the same people but they are same minded that talk with huge hyperbole. Just because bitcoin went up 80% doesn't mean it will go up another 30x, those are HUGE differences.
Also just because it went down 50% doesn't mean it will go down 99.99% neither because that is nearly impossible, technically possible but there are tons of people who would buy before that to keep it above. Remember most of the moves are caused by traders and not investors, we just buy and hold, it is traders and that is just 2-3 million which isn't a big deal.
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aioc
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November 24, 2020, 11:21:13 AM |
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Believe and yet concedes that he is not sure about his prediction, whatever tools or data he is using to come out with that prediction, I don;t it's realistic, the days it's just to short for Bitcoin to reach that level, it's very similar to what McAfee's prediction no data to come out that can prove that Bitcoin will reach that high at that year.
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btc_angela
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November 25, 2020, 06:29:37 AM |
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Obviously whenever there is a hype around bitcoin there will be ton of threads like this. Funny thing is, whenever bitcoin drops there are threads about bitcoin going to zero as well and usually these are the same type of people as well. They are not exactly the same people but they are same minded that talk with huge hyperbole. Just because bitcoin went up 80% doesn't mean it will go up another 30x, those are HUGE differences.
Just the nature of bitcoin though, there are still many haters of bitcoin here, who shill and create a lot of FUD thread, still remember some of them in 2017. Also just because it went down 50% doesn't mean it will go down 99.99% neither because that is nearly impossible, technically possible but there are tons of people who would buy before that to keep it above. Remember most of the moves are caused by traders and not investors, we just buy and hold, it is traders and that is just 2-3 million which isn't a big deal.
The latest is the effect of the pandemic, 60% down and yet we rebounded in less than a year. So obviously, bitcoin didn't go to zero, which proved it's detractors and critics wrong again. For average Joe like us, we don't have the power to even put a dent on the price. But we should be very vigilant, but if we wanted to reduce the stress then better just hold for the long haul. Nothing beats a holder in bitcoin as far as making profits, slowly but surely.
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lixer
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November 25, 2020, 04:55:42 PM |
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I don't really think it will be here this time but I would like to also plea with all the crypto people here. Do not mock these type of predictions because the more there are of these, the better for our future and adoption. These are big companies and important people who come out and say these things, this triggers situations where rich people end up talking about "there is this crypto and it looks very profitable" between each other.
The article is not aimed at you, it is aimed at wall street and that is why it is important. I am 100% sure without a single doubt in my mind that all the wall street workers under 40 wants their companies to deal with crypto as well as stocks but the managers are usually 65+ there so it is getting postponed more and more until it might be too late.
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$crypto$
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November 25, 2020, 06:03:41 PM |
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$318K is too high, it is possible but short term prediction isn't feasible.Bitcoin usually has a record after 3 years but it falls in price after this time. Optimism is good but wait for this cycle for another 3 years(2023).
Threads like this with over over prediction been appearing since BTC is currently going 19k without a sudden drop or correction. The price is too high to believe, we will believe once it happen but for now being able to see it back and staying long with these high amount already is satisfying knowing how much it drops from 2017 ATH as well in the past years that price been rally a roller-coaster ride. Those who wait patiently from 201u are able to gain now even the price is not at what's mentioned. I don't believe the title above is far from being true. Now that the time we have been waiting for has arrived, therefore the long wait has finally paid off because bitcoin has reached $ 19k, just a little more to reach the new ATH I'm sure in December maybe this can be achieved The price of bitcoin is now getting madly high. This indicates the real bullrun has come. Let's see the peak how much it will determine.
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South Park
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November 28, 2020, 08:04:59 PM |
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Obviously whenever there is a hype around bitcoin there will be ton of threads like this. Funny thing is, whenever bitcoin drops there are threads about bitcoin going to zero as well and usually these are the same type of people as well. They are not exactly the same people but they are same minded that talk with huge hyperbole. Just because bitcoin went up 80% doesn't mean it will go up another 30x, those are HUGE differences.
Also just because it went down 50% doesn't mean it will go down 99.99% neither because that is nearly impossible, technically possible but there are tons of people who would buy before that to keep it above. Remember most of the moves are caused by traders and not investors, we just buy and hold, it is traders and that is just 2-3 million which isn't a big deal.
That is just the way it is, people instead of concentrating in what they have right in front of them decide to look at the potential the movement has and as you say for the most part their predictions never come true, bitcoin is doing well and after an important correction it has recovered somewhat, but we will have to see if it has the strength to break the ATH and if it does there is a lot of potential for an important increase in the price, but I doubt we are going to reach 318k in just one year.
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lepbagong
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December 19, 2020, 02:49:10 AM |
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2020 will end soon, there is no sign Bitcoin will enter a new all time high, I myself don't have any thoughts that Bitcoin will go to $ 315k in 2021, I prefer to predict Bitcoin price will be at $ 50000.
Now my friend has seen that bitcoin has updated its ATH at this time and the possibility of a rise could happen, now it has reached the price of $ 23K and this is beyond anyone's prediction. whether bitcoin will increase again, yes or no, because currently bitcoin has changed and always makes movements that are very difficult to understand. Whether the year-end prediction of 2021 will be $ 315K, there is nothing impossible to crypto and is likely to happen. because at this time Bitcoin has taken actions that are beyond anyone's expectations. lasted long enough as it was hard to break $ 20K but after going past it even went up to $ 23K.
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Kemarit
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December 19, 2020, 03:58:48 AM |
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2020 will end soon, there is no sign Bitcoin will enter a new all time high, I myself don't have any thoughts that Bitcoin will go to $ 315k in 2021, I prefer to predict Bitcoin price will be at $ 50000.
Oh well, you're completely wrong now, the price reaches a new all time high @$23,500 and still going strong with no sign of stopping. If you are predicting bitcoin @$50,000 then that is just x2 of the current price (almost). So that is achievable if bitcoin super and mega rally will continue in 2021. So we might see it around $50,000 or even 6 digits tops, as we all know by now that there are no ceiling when this bull run go on for the next 12 months.
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Searing
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December 19, 2020, 05:05:16 AM |
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That price is too much for me, if it's really possible to happen we should see the price jn $50k by the end of this year then that 300k$ in December 2021 is possible to happen. As long as I don't see it , I will never believe in this prediction , well if that's really happen it's still good news for us that holding Bitcoin until now. I'm utterly befuddled on such a price of $318.00 USD by the end of 2021 as being possible as the next guy. But I've been often befuddled in the seven years I've been on here and into Bitcoin/Crypto. 0ct 18th, 2013 I made 1 Bitcoin a day, and at least some time that day, when I looked Bitcoin, was an impossible $150.00, wow! I found a note, posted inside a cabinet I rarely open, it has a mess of old retro Apple II Computer Manuals and such from way back. I saw it again, inside the cabinet door, and I had made a tally of my HOLD Hoard at the time. So according to the note of July 26th, 2015 the price of Bitcoin was $289.25 USD and the price of Litecoin was $4.45 USD. Color me at the present moment where we hit an all-time-high (ATH) according to www.coinmarketcap.com of $23,629.67 USD and a Litecoin price of $110.00 USD. So hell, what do I know? I don't 'think' such a price is possible, but if every billionaire on the planet wants Bitcoin as a long-term inflation hedge? Or instead of using gold or bonds for this purpose? I've no idea, but I guess It is not as far out of the realm of possibility of these kinds of prices compared to the price of Bitcoin on 1/1/2020 this year of $7,141.18 USD. Hell, we could also have, the usual 30-35% correction and slap the price down to like $12K again. Which still would beat the stock market in spades. Again, no clue, but if you have Bitcoin/Crypto it sure is a fun game to watch! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin: Always The Drama Queen! (tm Bitcoin) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Brad
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LogitechMouse
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December 19, 2020, 08:29:40 AM |
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2020 will end soon, there is no sign Bitcoin will enter a new all time high, I myself don't have any thoughts that Bitcoin will go to $ 315k in 2021, I prefer to predict Bitcoin price will be at $ 50000.
Bitcoin doesn't need any signs for the impossible to happen. Look it already happened days before the year end. Now go to this thread again and take the mistake that you said ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . I don't agree too with that price prediction for 2021. Too high for me and I don't see any reasons too that it will happen. I might be wrong though but I will just wait for its movement in 2021. I'd say that this has a 1% chance to happen ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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michellee
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December 19, 2020, 09:36:52 AM |
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I know that some people believe BTC can achieve much more than we have seen till this far. Just in 1 month the BTC went from somewhere around $11K to +$16K today.
CitiBank Managing Director believes BTC can touch $318K by December 2021. What do you think? Is this really possible?
Yes, I believe that can happen and that is possible, but I am not sure when the bitcoin price can touch that price. The price now is at $22,900, and the bitcoin price needs more time to increase step by step before the price can hit that price. But it is good if that man can have a positive mind about bitcoin by believing bitcoin can touch $318k by December 2021. We already have at least two weeks to see a new year, and in the next year, I am curious about what will happen to bitcoin.
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blckhawk
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December 19, 2020, 11:32:50 AM |
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It is possible for Bitcoin to have $315k however, I am not sure that it will touch at the end of the month of 2021. Halving is done and based on the past, after the halving, the corrections enter but I do hope that this one would be different this time. Anyway, though the Bitcoin market is unpredictable I still don't think the price would grow to be that much in that amount of time frame, perhaps it will take roughly a decade. Unless Bitcoin will surge drastically over time starting in the 1st Quarter up to the 4th Quarter of the year 2021.
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acener
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December 19, 2020, 05:26:05 PM |
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Even in our current bull run I don't think that the price that you are aiming for December 2021 would even be possible. There would always be a correction that would stop the price on flying too high and most of the time when we see it happen, The weak hands couldn't bare it and dump their share so it would create a price drop. I don't think that we would really see a six digit price for BTC any time soon.
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electronicash
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December 19, 2020, 06:18:27 PM |
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they are looking forward to seeing price to hit ATH on Dec 2021. the bullrun s gong to continue from the year to another whole year of upward movements of price. how sweet is that. this is just a speculation as well but he bet on it.
don't expect too much to this kind of speculation though, we all have experienced to people who spread this information. and like they said if you becomes greedy to wait for $318k to happen so you hold, you might just get burned when its not bouncing up anymore because bears are back.
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lukikato
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December 20, 2020, 07:59:29 AM |
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too high if the price can go up to $ 300k, even I don't think so, it will be at least $ 30,000 which is good. so now prepare yourself for an even higher price
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