adaseb
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April 11, 2022, 02:30:30 AM |
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Look anything is possible. Back in 2015 I met some local Bitcoin guy and at the time price was like $200 or $300 or so. I asked what he will do when Bitcoin hits $1000 again, will he sell everything or sell earlier.
He basically told me that Bitcoin is not only going to go to $1000 it will go to $10000. I told the guy there is no way it will go to $10000.
So having all these price predictions today is no different. It’s possible it can reach 6 figures and stay there however we won’t know until the time comes.
Remember when people in 2018-2019 wanted to sell at $20K and right now everybody wants to buy at $20K because it seems cheap.
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doomloop
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April 14, 2022, 02:28:51 PM |
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Look anything is possible. Back in 2015 I met some local Bitcoin guy and at the time price was like $200 or $300 or so. I asked what he will do when Bitcoin hits $1000 again, will he sell everything or sell earlier.
He basically told me that Bitcoin is not only going to go to $1000 it will go to $10000. I told the guy there is no way it will go to $10000.
So having all these price predictions today is no different. It’s possible it can reach 6 figures and stay there however we won’t know until the time comes.
Remember when people in 2018-2019 wanted to sell at $20K and right now everybody wants to buy at $20K because it seems cheap.
That guy is a legend but I wonder why he will sell everything that he got or sell earlier than 1k when his the one that predicts that btc can go for more increase? Is he retiring to bitcoin or what? but if you only believe him, you will still be hodling your bitcoins now or you have waited till the price of btc reached 10k before you sold yours and earn a more nicer profit than the price where you sold your coins. Predictions today are more believable than predictions before so there is no reason why will someone won't buy now and hodl their btc. Price today is cheap, they shouldn't ask for more lows because it won't likely happen anymore.
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YOSHIE
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April 14, 2022, 04:39:54 PM |
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Bitcoin Every 4 Year
2010: $1 2014: $400 2018: $6,000 2022: $50,000 2026: $300,000?
From the data that I saw you gave, the difference in Bitcoin prices in 2017 and 2018, you did not enter the highest 2017 data in a period of 4 years, 2018 entered, another 2019 did not enter. Do you have data before the 4 year low, I mean before the halving. I'm not denying what will happen in 2026, it may or may not happen, depending on the crypto market and requests, I'm a little curious about what Bitcoin price data will be in 2023 or 2024, do you have data for that, even though it doesn't happen, but a little curious.
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el kaka22
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April 14, 2022, 09:40:05 PM |
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This idea has been thrown around for a long time but I never really believed it. I get that people think that every 4 years there is a cycle but at the same time the last one was in 2017 and then in 2020 we increased above that price, which means 3 years, and even though we increased in 2014 before that, which is another 3 years, people still think it is 4 year cycles.
If we were to talk about cycles, it should be 3 years, so that would make it around 2023 when the price should go up again, and we are getting closer to that. In 2017 it was great, but in 2018 it was horrible, in 2020 it was great but in 2021 it was even better, so how could we say that history repeats itself when we have so many proof that it doesn't?
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Johnyz
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April 14, 2022, 09:55:44 PM |
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The price usually reacts after the Bitcoin halving and that is the start of the rise with Bitcoin, so I’m expecting more in the coming years especially now that the total supply of Bitcoin is about to mined and that could affect the whole system of Bitcoin. $100k are more possible to happen for now, and when there’s no more supply to mined people will just have to trade and pay a huge price just to have Bitcoin, it will happen soon in the market.
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STT
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April 15, 2022, 01:08:40 AM |
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Remember when people in 2018-2019 wanted to sell at $20K and right now everybody wants to buy at $20K because it seems cheap. Thats only very recently become the lay of the land. I'd say the concrete is still wet on that idea, whenever people are gloomy about us heading downwards I'll always refer back to roughly this one line you quote. Any action now is solidifying that perception into a reality that somehow 20k would be a bargain buy right now. Its always totally possible whatever high price we get it, its temporary and just a spike and the downside mirrors the upside and we never get that peak again. Consider all the up and down we had in price over the last year or so and its in sum total really positive accumulation not a selloff really. Trying to recognize and realize that is part of knowing BTC is really bullish, the people who have been in Bitcoin for years have a far easier time doing so but the market overall has to mature at each tier of gains before it may move on especially. I dont think 2022 that we move so fast, just develop around here.
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Ararbermas
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April 15, 2022, 02:10:13 AM |
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It's a big surprise for those people who don't have trust on bitcoin since 2014 until now, because most of them ignoring and underestimate bitcoin without knowing that after how many years bitcoin will become so expensive especially after halving, where in more than what some sort of experts expectations every year.
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Oasisman
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April 15, 2022, 09:50:06 AM |
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I would rather look at peaks of the cycles:
$1,200 -> $20,000 : ~16.6 times increase
$20,000 -> $69,000 : 2.5 times increase
$69,000 -> ??
$172,500 is the upper bound, assuming it will be lower than 2.5 times increase
Most probably it's going to below 2.5 Even If we say $138,000 2 times increase is quite a bit higher but realistic prediction in the next 4 year cycle. That 2017 ATH is the most increase of all time for Bitcoin. That's the "lambo" pump. In the next coming years might be a bit slow increase multiplier for Bitcoin, but for long term perspective It could be the best retirement plan as Bitcoin will be on an upward momentum every cycle.
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btc78
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April 15, 2022, 03:24:05 PM |
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The price usually reacts after the Bitcoin halving and that is the start of the rise with Bitcoin, so I’m expecting more in the coming years especially now that the total supply of Bitcoin is about to mined and that could affect the whole system of Bitcoin. $100k are more possible to happen for now, and when there’s no more supply to mined people will just have to trade and pay a huge price just to have Bitcoin, it will happen soon in the market.
sorry mate but the total bitcoin about to mined? there are still more than 20 years mate before all of the bitcoin being mined and there are lots of things to come from that matter. so don't get deeper into that instead try to look in brighter side first. and also the bad effect in opposite side. Bitcoin will increase of course but remember there are also altcoins on the table.
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Silberman
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April 15, 2022, 07:11:17 PM |
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Look anything is possible. Back in 2015 I met some local Bitcoin guy and at the time price was like $200 or $300 or so. I asked what he will do when Bitcoin hits $1000 again, will he sell everything or sell earlier.
He basically told me that Bitcoin is not only going to go to $1000 it will go to $10000. I told the guy there is no way it will go to $10000.
So having all these price predictions today is no different. It’s possible it can reach 6 figures and stay there however we won’t know until the time comes.
Remember when people in 2018-2019 wanted to sell at $20K and right now everybody wants to buy at $20K because it seems cheap.
That guy is a legend but I wonder why he will sell everything that he got or sell earlier than 1k when his the one that predicts that btc can go for more increase? Is he retiring to bitcoin or what? but if you only believe him, you will still be hodling your bitcoins now or you have waited till the price of btc reached 10k before you sold yours and earn a more nicer profit than the price where you sold your coins. Predictions today are more believable than predictions before so there is no reason why will someone won't buy now and hodl their btc. Price today is cheap, they shouldn't ask for more lows because it won't likely happen anymore. It is difficult to know the reasons behind the actions of each person unless they are directly stated, while many people have no intention of selling at all and they will only use their bitcoin directly there are others that have some price in mind at which they want to sell so they can fulfill some kind of long term goal for themselves, is it wrong? I do not think so, after all even if such people will loss the privilege of being invested in the best asset around the world they will gain something from it they consider to be more valuable for them.
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ShowOff
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April 15, 2022, 07:44:06 PM |
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The price usually reacts after the Bitcoin halving and that is the start of the rise with Bitcoin, so I’m expecting more in the coming years especially now that the total supply of Bitcoin is about to mined and that could affect the whole system of Bitcoin. $100k are more possible to happen for now, and when there’s no more supply to mined people will just have to trade and pay a huge price just to have Bitcoin, it will happen soon in the market. Bitcoin price fluctuations are an excellent dynamic to continue to receive worldwide attention. People want to own bitcoin because they are aware that they will probably get a decent return, but at the same time they also realize that it is a high risk investment asset even when very confident about its potential. The halving cycle may be another factor for increasing demand in the market, but so far it cannot be guaranteed to always be the basis for why we should invest. Today, bitcoin is still losing 40% more than its price, so don't be greedy even when you are absolutely sure of it. So, Be wise.
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bocyaj
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April 15, 2022, 07:44:35 PM |
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It's a big surprise for those people who don't have trust on bitcoin since 2014 until now, because most of them ignoring and underestimate bitcoin without knowing that after how many years bitcoin will become so expensive especially after halving, where in more than what some sort of experts expectations every year.
Actually people who trust the bitcoin since 2014 had earned large in 2017 .The same was happened in 2020.From the 2022,Huge investment was get into the market.Some few scam coins make the people to think crypto currency like a scam.But it was not able to control by the forum now.So mostly people trying to find scam project from it’s white paper,before investing have a look on bitcoin.
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Wong Gendheng
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April 16, 2022, 07:24:00 AM |
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I know bitcoin when the price skyrocketed from under $100 to $1000 in 2013, then in 2014 the price dropped significantly and was below $100 again, the same thing happened again in 2017 when it skyrocketed to almost $20k then in 2018 the price dropped below $4000 , 2021 prices skyrocket to over $69k and will 2022 repeat the previous trend?
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fullhdpixel
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April 16, 2022, 08:43:20 AM |
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The price usually reacts after the Bitcoin halving and that is the start of the rise with Bitcoin, so I’m expecting more in the coming years especially now that the total supply of Bitcoin is about to mined and that could affect the whole system of Bitcoin. $100k are more possible to happen for now, and when there’s no more supply to mined people will just have to trade and pay a huge price just to have Bitcoin, it will happen soon in the market.
sorry mate but the total bitcoin about to mined? there are still more than 20 years mate before all of the bitcoin being mined and there are lots of things to come from that matter. so don't get deeper into that instead try to look in brighter side first. and also the bad effect in opposite side. Bitcoin will increase of course but remember there are also altcoins on the table. The difference is that it is going to get very little, so the miners will not be making way too much from the bitcoins that they mine. However, when people consider the income of the miners, they only consider how much bitcoin they mine, look at all the transactions in a single day, and look at how much transaction fee is paid every day, that money is divided into blocks and paid to miners as well and I am pretty sure it could be more than the bitcoin mined as well. Even when the time comes and there is no bitcoins to be mined, I can 100% guarantee that miners will go on because the fee's they make from the transactions are still quite good amount of money to continue.
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TravelMug
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April 16, 2022, 08:49:28 AM |
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I would rather look at peaks of the cycles:
$1,200 -> $20,000 : ~16.6 times increase
$20,000 -> $69,000 : 2.5 times increase
$69,000 -> ??
$172,500 is the upper bound, assuming it will be lower than 2.5 times increase
Most probably it's going to below 2.5 Even If we say $138,000 2 times increase is quite a bit higher but realistic prediction in the next 4 year cycle. That 2017 ATH is the most increase of all time for Bitcoin. That's the "lambo" pump. In the next coming years might be a bit slow increase multiplier for Bitcoin, but for long term perspective It could be the best retirement plan as Bitcoin will be on an upward momentum every cycle. Yeah, it's within the bounds as well of one of the most famous prediction model we have. And obviously as the price goes up, the X multiplier will have to go down. Nevertheless, 6 digits as the price in the next bull run cycle? No one thought that this is possible years ago, specially those who opted to get out but now looking at the future, the price could go off again in 2024-2025 massive run.
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StreakW
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April 16, 2022, 10:53:40 AM |
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In my opinion, the Bitcoin price cycle will not always occur every four years because the Bitcoin demand-supply mechanism will change over time. Not only that, the increasing number of Bitcoin investors has certainly turned overall market participants towards bullish and bearish sentiments for Bitcoin prices. Therefore, I think one phase of Bitcoin's price could be more than a year or even two years into the future.
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Chato1977
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April 16, 2022, 11:41:19 AM |
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300k? seems possible to happen , because if we will look at the chart Bitcoin price increases hugely every 4 years , actually if we will take it to what happens every changes? it can actually reach 400-500k But of course never look too much of you are really investor , instead be contented in at least 100-200k and consider it profiting and if plans to sell? then do it right away.
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marine4u
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April 16, 2022, 02:09:05 PM |
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An interesting and accurate synthesis to predict. It is clear that bitcoin has had a large internal resource stemming from the mechanism of deflation. The value that grows over time is the result of a great solution that fits the changing needs of the world and the value of money. I believe in the assumption we are somewhere above $150k, 4 years is a cycle - bitcoin's halving and looking at the yearly chart, the actual value of the change in demand is larger (not taking into account) ATH) and maybe as we get closer to $100k this year or 2023, the chance at 300k is entirely in how bitcoin responds.
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Silberman
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April 19, 2022, 06:13:54 PM Last edit: April 22, 2022, 03:53:55 PM by Silberman |
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In my opinion, the Bitcoin price cycle will not always occur every four years because the Bitcoin demand-supply mechanism will change over time. Not only that, the increasing number of Bitcoin investors has certainly turned overall market participants towards bullish and bearish sentiments for Bitcoin prices. Therefore, I think one phase of Bitcoin's price could be more than a year or even two years into the future.
Without a doubt this is something that is possible, after all the market dynamics are something that are always changing, however I think this could be for the better as instead of seeing a massive rally for one year and then a bear market we could see a slower growth for a longer period of time and a smaller correction afterwards, making bitcoin more attractive for those that hate taking huge risks, which lucky for us includes a great deal of traders and investors around the world.
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Inspiron14
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April 19, 2022, 10:01:21 PM |
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Bitcoin Every 4 Year
2010: $1 2014: $400 2018: $6,000 2022: $50,000 2026: $300,000?
really interesting, 2026 is still a puzzle that must be solved, if you look at history, prices have always experienced high increases, of course this makes us even more sure that 2026 can be a positive thing, nothing is impossible, $300k in 2026? yes! we must be able to unite to make it happen ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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