LogitechMouse
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November 16, 2021, 10:25:36 AM |
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TBH, I'm not a fan of those Bitcoin predictions coming from these so-called analysts.
An influential person can say his/her prediction with regards to Bitcoin price next year on in X amount of months. An Average Joe can share his prediction. A beggar can share his prediction too. A rich person can share his. My point is anybody can share his own prediction at any amount of time.
Now with regards to the 3 predictions, it seems that Tom Lee's prediction of $168,000 before 2022 will not happen. We have seen many many price increase of Bitcoin in a short amount of time but to increase more than 2x in just 2 months is just insane and almost impossible. I'm not saying though that it will not happen but many of us think that it will not happen right?
Now it comes to the 2 predictions. Tim Draper's prediction of $250,000 by 2022 seems possible but what are the chances of it to happen. For me I think its low at least for now. Maybe if we see Bitcoin at at least $100,000 at the 1st quarter of 2022 then it might happen but the chances of this to happen is very low. Winkelvoss' prediction has a huge time horizon thus they predicted a higher price and with this, their prediction might actually happen. In the last decade of Bitcoin, we've seen massive gains and price spikes and it went up high that nobody expected it to happen. $500,000 in a decade seems to me that it will happen though the chances of it to happen is still low for me.
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arwin100
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November 16, 2021, 01:31:44 PM |
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The price for bitcoin are going to go high but not on the height of the prediction for 2022. What growth rate will that be in percentage if it gets to such level. Or is there any expectation that the Europeans countries will start massive and total adoption come next year? Bitcoin is still selling in the range of $60k, that is really a long way to go.
back in 2020 when the price drops down to 4k this words of yours had been delivered and says bitcoin will hardly to recover , but what happened in the last quarter up to this point? bitcoin mate a multiple ATH from month to another so how can you say that not on that height bitcoin will reached? lol lets see what is your words if one of those prediction happens. Many state that its hard to recover on what bitcoin goes with at the past but actually this current happening that even though bitcoin drops hard like that there's still a high chance for it to recover back and surpass its pass ATH and for me it tells that theirs nothing to worry once bitcoin goes down at this phase again since it means that its time to buy and bag some bitcoins for future since for sure we can see another heights from it in future.
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bitzizzix
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November 16, 2021, 04:37:10 PM |
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Back in 2017-2018, people thought Bitcoin approaching $20,000 was the End because after that what happened was a massive decline, and at that time many experts predicted that the next few years the price of bitcoin was predicted to reach a fantastic price.
but in fact this year is proven and bitcoin price has reached some new ATH and bitcoin can be a good investment to go further, and plus lately a lot of positive news about bitcoin which I think will trigger bitcoin price hike and maybe predictive outcome because of appraising and seeing the positive growth the future of bitcoin will be brighter which I think the fantastic price predicted by the experts will come true, it's just a matter of time and it will happen gradually. and the decline will always occur which makes us distrust and also pessimistic with their prediction results, and all that happens without us realizing it even though it takes a long time but is real and the long-term answer is the truth.
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matchi2011
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November 16, 2021, 04:55:16 PM |
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Many state that its hard to recover on what bitcoin goes with at the past but actually this current happening that even though bitcoin drops hard like that there's still a high chance for it to recover back and surpass its pass ATH and for me it tells that theirs nothing to worry once bitcoin goes down at this phase again since it means that its time to buy and bag some bitcoins for future since for sure we can see another heights from it in future.
Good thing with Bitcoin, it was tagged as a bubble and many speculates that after that hard fall, it won't be able to bounce back, but we witness everything and, for sure, those newcomers understand that even Bitcoin suffers from a huge downfall. The chance that it will recover back is very possible. Maybe some whales are trying to shake the market to buy more and add to their bag holds.
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lixer
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November 16, 2021, 08:58:05 PM |
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Now it comes to the 2 predictions. Tim Draper's prediction of $250,000 by 2022 seems possible but what are the chances of it to happen. For me I think its low at least for now. Maybe if we see Bitcoin at at least $100,000 at the 1st quarter of 2022 then it might happen but the chances of this to happen is very low. Winkelvoss' prediction has a huge time horizon thus they predicted a higher price and with this, their prediction might actually happen. In the last decade of Bitcoin, we've seen massive gains and price spikes and it went up high that nobody expected it to happen. $500,000 in a decade seems to me that it will happen though the chances of it to happen is still low for me.
You are 100% right. Those "experts" are not experts at all, they are people like you and me but just more famous, the data they have in their hands that they make these calculations from are data that we hold as well and we do not see what they are seeing so it doesn't make sense. I get the Winklevoss twins one, it is a generalization of the idea that bitcoin goes up all the time, less than 9x in 10 years for bitcoin is just an "approach" and not a prediction, it is the idea that bitcoin will always go up in the long run and they did give a number for it but it is not really something extreme and it is a very long way out so I get that one, but all the others are just making up. I saw someone that say "bitcoin will be 78432 in 18th November around noon", are you kidding me? Exact dollar number with exact timing? NOBODY knows something that can give them that much prediction, it is impossible.
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milewilda
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November 16, 2021, 10:23:53 PM |
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Many state that its hard to recover on what bitcoin goes with at the past but actually this current happening that even though bitcoin drops hard like that there's still a high chance for it to recover back and surpass its pass ATH and for me it tells that theirs nothing to worry once bitcoin goes down at this phase again since it means that its time to buy and bag some bitcoins for future since for sure we can see another heights from it in future.
Good thing with Bitcoin, it was tagged as a bubble and many speculates that after that hard fall, it won't be able to bounce back, but we witness everything and, for sure, those newcomers understand that even Bitcoin suffers from a huge downfall. The chance that it will recover back is very possible. Maybe some whales are trying to shake the market to buy more and add to their bag holds. Cheaper Bitcoin not only benefits whales small time investors can also benefit on that so don’t hesitate to buy if you see opportunity at a cheaper price. Let’s hope for these three to happen in the coming years, I remain bullish and still stand with Bitcoin at the end of the year, we can see beyond $70k, let’s hit that price and go beyond in 2022. Most people do see crashes to be the end of the market which those experienced ones do really see this as an opportunity to buy cheaper coins because market would eventually make out some recoveries later on because it couldnt really just dump like forever therefore they do really make out such steps to take advantage on the current condition in the market which neither it could benefit them back or not but most of the time recovery do happens which simply means that they are really making some profits on this time.
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Hypnosis00
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November 16, 2021, 11:07:31 PM |
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I'd regret not following bullish analysts before saying that Bitcoin will make a huge pump because it was to find out that there is always a chance. But this new set of speculations by known analysts, we definitely can just ignore. However, I could that they are more than bullish but just ambitious prices which are really difficult to reach and sound unrealistic.
I believe that we can surpass $100k someday but that $500,000 and some say/s $1mil price...that is something crazy. I think it was just a joke. Sorry but this seems not going to happen.
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hatshepsut93
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November 16, 2021, 11:40:54 PM |
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2022 is already very soon, and we see that Bitcoin growth rate is not fast enough to reach $160k or $200k. Of course we could always imagine a situation when it suddenly goes vertical and reaches those prices in a week or two, but I wouldn't hope for that.
So, the Winklevoss prediction about $500k within the decade is the most realistic, because it's a long time.
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darkangelosme
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November 17, 2021, 01:07:01 AM |
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Big bull Predictions on Bitcoin.Tim Draper : $250000 by 2022 From the very beginning his predictions were bullish and he predicts without any hesitation. His Predictions were bold, and when bitcoin is trading around $400 he predicted bitcoin will reach $10000 within next three years. Now the latest is the $250000 by 2022. Source : We’re Right On Track For Bitcoin At $250,000Winklevoss Twins : $500000 within a decade Winklevoss Twins were always bullish about bitcoin. The statement 'Bitcoin is the world's best hedge against inflation' shows the belief they have over bitcoin. Not many understand it. People who termed bitcoin a scam, fraud and fake for its only digital presence are now thinking that they missed opportunity of buying earlier. Source : Bitcoin is the trade of the century Tom Lee : $168000 before 2022 He connects the launch of bitcoin futures ETF with the ongoing market surge. It is sure to experience increase in demand of bitcoin over the years. With the price of bitcoin increasing with time his prediction have reached $168000 before 2022. Source : Bitcoin as high as $168,000 before 2022 For me i much prefer the prediction of Tom Lee : $168000 before 2022 cause it's more realistic and the most possible to happen than the other 2 because i think the information about Bitcoin is not so that big that's why Bitcoin will not so expensive next year.
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November 17, 2021, 01:21:19 AM |
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You don't even have to choose which one is going to come true. Those predictions are not opposed to each other.
Tom Lee's prediction could still come true but the probability is waning every day. Tim Draper's prediction still has the high probability. It might come true especially if $100,000 is to be reached within 2021. The prediction of the Winklevoss Twins, on the other hand, is for me the most probable among the three. That's $500,000 in 2031. That's very possible.
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kotajikikox
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November 17, 2021, 04:40:30 AM |
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i don't wanna feel disappointed so I would rather wait for what will come , but for me one thing is sure to happen in 2022 is that 100k value will be broken and finally 6 digits will be the base price for Bitcoin. You don't even have to choose which one is going to come true. Those predictions are not opposed to each other.
Yes and also we are all contented in the performance of Bitcoin so it is greediness to expect much higher when the price is very good in movement.
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michellee
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November 17, 2021, 05:31:43 AM |
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Big bull Predictions on Bitcoin.Tim Draper : $250000 by 2022 From the very beginning his predictions were bullish and he predicts without any hesitation. His Predictions were bold, and when bitcoin is trading around $400 he predicted bitcoin will reach $10000 within next three years. Now the latest is the $250000 by 2022. Source : We’re Right On Track For Bitcoin At $250,000Winklevoss Twins : $500000 within a decade Winklevoss Twins were always bullish about bitcoin. The statement 'Bitcoin is the world's best hedge against inflation' shows the belief they have over bitcoin. Not many understand it. People who termed bitcoin a scam, fraud and fake for its only digital presence are now thinking that they missed opportunity of buying earlier. Source : Bitcoin is the trade of the century Tom Lee : $168000 before 2022 He connects the launch of bitcoin futures ETF with the ongoing market surge. It is sure to experience increase in demand of bitcoin over the years. With the price of bitcoin increasing with time his prediction have reached $168000 before 2022. Source : Bitcoin as high as $168,000 before 2022 For me i much prefer the prediction of Tom Lee : $168000 before 2022 cause it's more realistic and the most possible to happen than the other 2 because i think the information about Bitcoin is not so that big that's why Bitcoin will not so expensive next year. I guess all predictions can become true in the future as we do not have any information about what will happen in the future. We can only select one or two or even all of the predictions that will come true in the future. But it could be Tom Lee prediction that will be close with the current situation and condition now as the price is still below $100,000 and that can jump to that price in the next year. But no matter what will happen in the future, you need to prepare yourself not to miss making a profit with the other people.
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Fundamentals Of
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November 18, 2021, 01:04:08 AM |
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You don't even have to choose which one is going to come true. Those predictions are not opposed to each other.
Yes and also we are all contented in the performance of Bitcoin so it is greediness to expect much higher when the price is very good in movement. $60,000 and below are actually good prices. These are actually the accumulation moments in the middle of huge rallies. This is actually a sale. Most people are simply being emotional when they think of Bitcoin correcting. They are also emotional when they only think of Bitcoin increasing its price without even a pull back. It isn't healthy that way. If they are truly greedy, they should have bought the dip. Many of them are not really greedy. They simply want a smooth ride to the top. That isn't the Bitcoin way as history taught us.
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goinmerry
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November 18, 2021, 07:03:39 AM |
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All those predictions might come true - the only question is when. I'm not expecting a big leap today as it's already a big leap that we see Bitcoin price on its current price. Back when I started in crypto, a $5,000 price is just a dream but now looked at how huge the leap is.
I don't mind anyone's prediction. As long as Bitcoin price will just go up, even there will be lots of bearish attempts on the way, that's way better.
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Jating
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November 18, 2021, 11:15:22 AM |
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You don't even have to choose which one is going to come true. Those predictions are not opposed to each other.
Yes and also we are all contented in the performance of Bitcoin so it is greediness to expect much higher when the price is very good in movement. $60,000 and below are actually good prices. These are actually the accumulation moments in the middle of huge rallies. This is actually a sale. Most people are simply being emotional when they think of Bitcoin correcting. They are also emotional when they only think of Bitcoin increasing its price without even a pull back. It isn't healthy that way. If they are truly greedy, they should have bought the dip. Many of them are not really greedy. They simply want a smooth ride to the top. That isn't the Bitcoin way as history taught us. Yep that's right, it's actually good that we still have this kind of accumulation in the middle of a bull run. Another perfect opportunity to fatten our wallets with cheap bitcoin at $59k. The thing is that it seems that our mindset has been set to a parabolic rise to 6 digits at the end of the year. We might see $100k, but it might take some time and it won't be very easy reaching that price as we will have to go to many periods of accumulation, and correction along the way.
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ice18
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November 18, 2021, 01:02:07 PM |
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Well from those 3 predictions, Tom Lee looks like the closest one to achieve first. Charts says BTC can be as high as $170k+ according to some TA by known crypto traders but the questions is, Is this happening very soon or in the next 5 years? To me, it possibly can achieve in 2022 if bull run continued until this year.
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Ararbermas
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November 18, 2021, 01:42:43 PM |
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A coincidence if they guess iy right, if not then its normal because indeed they're not a fortune-teller so they can't make a good prediction on it, and we all knows that no one can really give us specific information where the bitcoin price will gonna go since the market always suddenly change direction because of the volatility. And you know i see a lot of people making prediction when bitcoin skyrocketed, wherein they already have views in the future such after 5-10 years but mostly didn't get the right price..but yes there are some who get it right but obviously just a coincidence, indeed i never see some people show some reference how they guessed it right. so it's about luck? Lol
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EdenHazard
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November 18, 2021, 07:13:55 PM |
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If that is about what is the price that will happen in 2022 and not just about the end of 2022, I think Tom Lee: $168000 before 2022 could be closest to that because the price now still below $70k this month, and that can increase higher in 2022. But I do not just wait to see that price because we should keep trying to make more and more bitcoin from now on so we can collect many bitcoin to be sold in 2022. Many predictions will come out, but it is difficult to know which predictions can happen next year. I hope bitcoin can be more than $100,000 in 2022.
Well you can look back and see the history say it all .. bitcoin jumped hundreds percent overnight is something usual. but we are talking about moving from 60k+ now which it's a huge amount to push. back in the days .. you only needs millions dollar to push bitcoin price to its 'unlimited' limit . but now? well you might need billions to triĺlions dollar to move bitcoin ass to hundreds percent growth overnight. 2022 is few months away and im pessimistic we can get through $100k anytime soon. Maybe that is the reason the bitcoin price can not jump drastically overnight because once the price increase so high and break the border, it needs a lot of money to move the price. The price will be back to the lower price after reaching the highest price and stay for a while at that price and it is what we have now from bitcoin. It seems, bitcoin price now needs more support to lift and break the next ATH. We will see a new year in less than 2 months and although the price now does not have more support to lift the price, we can only wait and see. Let us accept if the price can only increase to $70k-$80k for the end of this year and then the price will move to the next ATH in the next year. It's indeed looks impossible until it's done. nobody believe bitcoin could get sky high in the difficult situation after the corona virus outbreak hit the world. now it seems everybody are so confident that bitcoin price would hit another ATH in the near future like a year or two and nobody believe bitcoin price could get crashed to as low as $500 or even $100 which the chance is there. beware of these overconfident. especially if you invested your money in.
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lixer
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November 18, 2021, 09:30:41 PM |
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it's actually good that we still have this kind of accumulation in the middle of a bull run.
Another perfect opportunity to fatten our wallets with cheap bitcoin at $59k. The thing is that it seems that our mindset has been set to a parabolic rise to 6 digits at the end of the year.
We might see $100k, but it might take some time and it won't be very easy reaching that price as we will have to go to many periods of accumulation, and correction along the way.
There are a lot of people who miss out on these "cheap" prices, I believe it is still not cheap, we are a lot higher than what it used to be and that's why I believe that we are not really cheap but at the end of the day we are talking about something that is still cheap compared to what it was just recently. Then when it goes to 100k or whatever price it goes up to, people will complain that they missed out on buying cheap and they will say they wish they got in and they say "if I got bought bitcoin at 60k then I would have a million dollars now, but I missed out and didn't buy" and talk about it constantly. It just doesn't make sense to me, but in the end there are tons of them around.
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Fundamentals Of
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November 19, 2021, 01:19:40 PM |
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You don't even have to choose which one is going to come true. Those predictions are not opposed to each other.
Yes and also we are all contented in the performance of Bitcoin so it is greediness to expect much higher when the price is very good in movement. $60,000 and below are actually good prices. These are actually the accumulation moments in the middle of huge rallies. This is actually a sale. Most people are simply being emotional when they think of Bitcoin correcting. They are also emotional when they only think of Bitcoin increasing its price without even a pull back. It isn't healthy that way. If they are truly greedy, they should have bought the dip. Many of them are not really greedy. They simply want a smooth ride to the top. That isn't the Bitcoin way as history taught us. Yep that's right, it's actually good that we still have this kind of accumulation in the middle of a bull run. Another perfect opportunity to fatten our wallets with cheap bitcoin at $59k. The thing is that it seems that our mindset has been set to a parabolic rise to 6 digits at the end of the year. We might see $100k, but it might take some time and it won't be very easy reaching that price as we will have to go to many periods of accumulation, and correction along the way. I agree that sometimes our mindset is focused on the 6 digits that we forget that Bitcoin's change in price is mostly unpredictable. So even how much we all anticipate the 5 digit price within the year, it is still very possible we cannot have it. I was once really convinced that Bitcoin will reach $100,000 within 2021. But now that the price has touched within the level of $50,000, I was somehow reminded of Bitcoin's unpredictability. I have now accepted the fact that $100,000 could happen in 2022.
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