Bitcoin Price Prediction

[BrightonCorgi]

6 hours ago, therealrsr said:

25k in 24 months, I am of the opinion that central banks will have to move against crypto.  China acted early and I think to their credit.  If any central government loses control of monetary policy we are all f'd.  History is pretty crystal clear on this.   There has to be power behind a currency, the less power the less stable the currency.  "Full Faith & Credit" moving off the gold and silver certs becoming the global currency is educational.  I kinda hope I am wrong tbh because I see a value, but in a wild west environment I can't do more than small play professionally.  Past performance is no guarantee of future results.

You think bitcoin will be 25K a coin within 24 months?

[Hammer Smokin']

could be $2.50, $25, $250K, or $2.5 million. 

it just a speculator product often pumped and dumped. 

just another form of gambling. 

[mprach024]

It’s possible it’s $25k in 3 months let alone 24 months.  This bull run is just about over, if it’s not already but likely we’ll see one last pump.  If anyone who hasn’t done crypto for a while doesn’t realize, the bear runs are brutal in crypto.  This isn’t like stocks going down 20%, you’ll see 1/10 to 1/20 of current day values.  Just pull up any crypto and look what it did between Jan 18 and June 2020. There is nothing behind the value of these tokens besides speculation, even the good products with good tech like a Quant, or Tel have outrageous market caps.

Don’t get emotional with crypto, either buy and forget about it for 5-10 years and hope when you revisit it’s worth something, or have your exit strategies ready, and soon.  

[Hammer Smokin']

your prediction of $25K in 3 months might just come true!

up and down the rollercoaster goes...

[Kaptain Karl]

On 12/24/2021 at 11:14 PM, mprach024 said:

It’s possible it’s $25k in 3 months let alone 24 months.  This bull run is just about over, if it’s not already but likely we’ll see one last pump.  If anyone who hasn’t done crypto for a while doesn’t realize, the bear runs are brutal in crypto.  This isn’t like stocks going down 20%, you’ll see 1/10 to 1/20 of current day values.  Just pull up any crypto and look what it did between Jan 18 and June 2020. There is nothing behind the value of these tokens besides speculation, even the good products with good tech like a Quant, or Tel have outrageous market caps.

Don’t get emotional with crypto, either buy and forget about it for 5-10 years and hope when you revisit it’s worth something, or have your exit strategies ready, and soon.  

I think you're right about the bull run being over. I think we're going to have to go through a short, nasty high interest rate recession here soon to curb this insane inflation. 

[LordAnubis]

i agree, i think BTC will go to 20k per coin and hold for the rest of the year. Mid 2023 maybe rocket to 120k. 

At that point I will likely cash out my capital and free ride it. I don't think it has much more legs beyond that. The main thing against it in my mind is why would a government buy in on a product that they have to pay for? They might aswell just make their own coins at no cost to themselves and "print" as many as they want, just like dollar notes.

[BrightonCorgi]

9 hours ago, LordAnubis said:

i agree, i think BTC will go to 20k per coin and hold for the rest of the year. Mid 2023 maybe rocket to 120k.

I sold a bunch of BTC and plan to buy it again when it goes below 30K.

[decsmarg]

I regularly read cryptocurrency news, and from the latest news, I learned that Bitcoin this year could go up to $400 thousand, or almost 900%, said Harry Ye, founder of Quantum Fintech Group. The cryptocurrency market as a whole is now on the cusp of a supercycle of growth, and it has great promise. The start of the mass use of Stablecoins could lead to a rise in the price of digital assets.

Nevertheless, the cryptocurrency market declined in 2021, but experienced investors told me it was a good time to buy. I followed crypto trading signals and managed to buy crypto in time, and now I am waiting for it to grow.

[triphitter]

2 hours ago, decsmarg said:

I regularly read cryptocurrency news, and from the latest news, I learned that Bitcoin this year could go up to $400 thousand, or almost 900%, said Harry Ye, founder of Quantum Fintech Group.

I'd love to short that.

[BrightonCorgi]

On 1/25/2022 at 10:18 AM, therealrsr said:

It is trading game at this point, if/when i go back in I will set the stop loss tight.

I am buying again.

[Hammer Smokin']

just a straight up gamble, with no logical outcome. 

perfect to sink thousands into. 

[RichG]

Too cringeworthy not to post. Mark Zuckerberg sister, educational crypto song.

 

[dicko]

i agree, i think BTC will go to 20k per coin and hold for the rest of the year. Mid 2023 maybe rocket to 120k. 
At that point I will likely cash out my capital and free ride it. I don't think it has much more legs beyond that. The main thing against it in my mind is why would a government buy in on a product that they have to pay for? They might aswell just make their own coins at no cost to themselves and "print" as many as they want, just like dollar notes.

Governments could print fiat money to buy bitcoin. I would think that is an attractive option for them.

Sent from my SM-G986B using Tapatalk

[ha_banos]

They are down 20% now maybe. Who knows next month. We're in the worst financial position for quite a while, the Russian invasion going on. BTC price, frankly, could be worse...

Hash rate higher than ever. Demand is strong. More acceptance. binance back accepting UK bank transfers. 

Heck BTC looks almost identical chart to the s&p500 this year. Tracking now? Guess who must be playing.

... Interesting times...

[benfica_77]

Crypto is purely speculative this is just another grandiose pump and dump......Weed stocks came and went, Crypto will come and go...NFTs will come and go....

Here are some cold hard facts....

No major central bank will legitimize crypto....ever.  

There is no fast and easy money. 

Slow and steady wins the race. Own the entire world market with a couple of ETFs be happy with your 5 to 6% annual return and let compound interest do its thing. 

[ha_banos]

That's buffets advice too.

5-6% doesn't even match inflation these days. 

[Corylax18]

Just now, ha_banos said:

That's buffets advice too.

5-6% doesn't even match inflation these days. 

The math doesn't lie. Consistent, compounding interest is the way to go. Inflation doesn't rise 7.5% a year, every year. It barely averaged 2% for most of the last 15 years. 

Both my Brothers work at Fidelity, selling "investment products" You want to know where their money is? Ultra low load, index funds, because the math doesn't lie. 

Day trading/playing around money is one thing, but I'm not going to put my retirement in the hands of some fund manager who has to prove to the world that his exorbitant salary is justified day in and day out. 

[benfica_77]

8 hours ago, Corylax18 said:

The math doesn't lie. Consistent, compounding interest is the way to go. Inflation doesn't rise 7.5% a year, every year. It barely averaged 2% for most of the last 15 years. 

Both my Brothers work at Fidelity, selling "investment products" You want to know where their money is? Ultra low load, index funds, because the math doesn't lie. 

Day trading/playing around money is one thing, but I'm not going to put my retirement in the hands of some fund manager who has to prove to the world that his exorbitant salary is justified day in and day out. 

Very very well said sir! Agree 100%

[ha_banos]

✋

[Nevrknow]

What little I own is on a hard ledger. On my person. FWItsW 🤷

[Bijan]

I've been out since December or January.

[amberleaf]

I'm shocked that a non-productive, speculative asset based on 1970s technology that has no uses outside of pyramid schemes and money laundering could collapse at the first sign of a recession.

[HarveyBoulevard]

Buy the dip?

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[Hammer Smokin']

that's like asking whether to bet on red or black. 

it's gambling, speculation, and truthfully, a fainting hope for those looking to get rich quick. 

how can you truly ask if it is a good time to buy, or whether it will go down again?

It's fairy farts. It isn't real. It doesn't exist. So how can anyone (logically) advise whether it will go down, or whether it is a good buy? 

(btw, if anyone does try to suggest one thing or another, it should be considered as valuable as fairy farts). 

[Ken Gargett]

1 hour ago, Hammer Smokin' said:

that's like asking whether to bet on red or black. 

it's gambling, speculation, and truthfully, a fainting hope for those looking to get rich quick. 

how can you truly ask if it is a good time to buy, or whether it will go down again?

It's fairy farts. It isn't real. It doesn't exist. So how can anyone (logically) advise whether it will go down, or whether it is a good buy? 

(btw, if anyone does try to suggest one thing or another, it should be considered as valuable as fairy farts). 

i'm sure someone understands it but beyond me. i would not put two cents into - no problem if others want to. dogscoin or whatever it is called. a couple of blokes in sydney set up a crypto for fun, as a joke, and to take the piss. next thing it is worth $85 billion and elon musk is using it to sell space flights. lord spare me. 

and here's the real shocker. one of the blokes who started it bailed out because he believes crypto is exploitive and designed to enrich the top proponents (and yes, i'm sure that the irony was not lost on him). his co-founder agreed. 

why would anyone get into this is beyond me. this is like the old days when taxi drivers and waiters and so on were giving stock tips. you knew it was definitely time to get out.