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1 BTC=2,00,000 USD by end of 2018
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leo23

Member Since Oct 12, 2016  349 posts leo23 Dec 27 2017 at 15:06
Since we are entering to 2018 and there is no doubt that Bitcoin and other cryptocurrencies will be the most important topic for discussion for everyone while most of the people will start switching from fiat money to cryptocurrencies and hence, I am creating this thread dedicated for price projections for various cryptocurrencies.

This is good idea to keep this thread so that someone can come at the end of 2018 and check who is correct up to what percentage in which cryptocurrencies price projections.

I project BTC price to be 2,00,000 USD per BTC by end of 2018. This is a very conservative price projection and I may increase the price target even higher in future. Also, I may add price projections for other cryptos in future.

Anyone who is sure about price projections of various cryptocrrencies can participate in this explaining the crytpocurrencies he is bullish and why he is bulish.

This thread is dedicated for exchange trading investors who have invested in cryptos for long term profit and not for margin trading in forex brokers. So drawdowns of any % doesn't matter. Only highs matters, but lows don't matter in exchange trading.

AmDiab

Member Since Apr 18, 2017  256 posts AmDiab Dec 27 2017 at 18:16
200000$?? Yes, according to the previous record it’s possible! But, I have no prediction; since it’s the unrealistic trading instrument.

leo23

Member Since Oct 12, 2016  349 posts leo23 Dec 28 2017 at 15:22
@giancarlo914

From your comment, it is very much clear that you are a complete idiot and fool and that's why you look the same way to others. There is no doubt on that and I don't have such problem because I have seen many people like you long before. Even so called as financial analysts in popular media have been talking such idiotic things since BTC price reached 100 USD/BTC and so one more unknown idiot is no exception for me.

First of all, attend a math class or check your eye sight with a doctor before putting such a comment...ha ha..It is NOT 2 million USD, it is 200K USD as the title of the thread. So either you are very weak in math and you don't know how many zeros are there in a million or you have a weak eye sight. You need to check both.

I have done enough math calculations regarding market capital to reach 200K USD by end of 2018. All my predictions are based on total market capital and total number of coins and hence, if you think I am an idiot, then you are an idiot for sure.

But still to stick with your wrong reading and interpretation and math calculations, if you think somehow that 42 TRILLION dollars is a big number for market capital of BTC, then definitely you are a complete idiot. You know nothing about the total market capitals of individual countries by themselves and market capital of gold, bonds and stocks etc of the entire world and when all money will flow to Bitcoin you can't even imagine how quickly and how much the BTC market capital will grow and how much the BTC price will increase suddenly.

If market capital of BTC will go 200 TRILLION dollar one day, then I will not be surprised, but this is not going to happen in 2018 I know that, but will definitely happen within next 2 to 3 years.

AmDiab

Member Since Apr 18, 2017  256 posts AmDiab Dec 28 2017 at 17:03
Guys! Please, no personal attack! We need to respect each other!

giancarlo914

Member Since Apr 23, 2017  4 posts ScholarGC (giancarlo914) Dec 29 2017 at 13:19
@leo23

You have 2 Commas in the title. It was Clear you Were Trying to Type 2 Million USD. Dont Shortchange yourself, You meant 2 Million.

You Have to understand the Limitation of the Bitcoin network. If something is Not Done Soon Transaction Fees will continue to Skyrocket as Less and Less people Use the Asset. For me to Send You 100 USD Worth of Bitcoin in 24 Hours Requires a Fee of $20. That is entirely Not sustainable when a slew of other Cryptocurrencies offer Exceptionally Faster and Cheaper Fees and Transaction Times.

Bitcoin is the Defacto Fiat- Crypto Transition, This could change for the better but as of now Bitcoin has been destroyed from what it was originally intended to do due to Miners becoming exceptionally greedy for Block Rewards.


The Entire Crypto Market will reach $1 Trillion USD Next Year, But Bitcoin Will Not Be the #1 Contender for long. There are Far too Many Better Tokens which Do the Job Better than Bitcoin. Do You Really Think Bitcoin can Continue to Fork and Create Spinofff Assets while Retaining its User and Investor Base? Its Become Silly now to See Bitcoin Gold and Bitcoin Diamond being Promoted as the Next Get Rich with Crypto Scheme.

Regulation will come, and all it takes is 1 exchange to shut it doors and the entire crypto wealth evaporates overnight. Mt. Gox could easily happen again

Please Do some Research and Understand the Limitations of Bitcoins CUrrent Blocksize and network before posting a Forex Forum about Cryptocurrency

"Money Cant Buy Life"-Bob Marley
AniLorak

Member Since Apr 18, 2017  271 posts AniLorak Dec 29 2017 at 13:20
leo23 posted:
@giancarlo914

From your comment, it is very much clear that you are a complete idiot and fool and that's why you look the same way to others. There is no doubt on that and I don't have such problem because I have seen many people like you long before. Even so called as financial analysts in popular media have been talking such idiotic things since BTC price reached 100 USD/BTC and so one more unknown idiot is no exception for me.

First of all, attend a math class or check your eye sight with a doctor before putting such a comment...ha ha..It is NOT 2 million USD, it is 200K USD as the title of the thread. So either you are very weak in math and you don't know how many zeros are there in a million or you have a weak eye sight. You need to check both.

I have done enough math calculations regarding market capital to reach 200K USD by end of 2018. All my predictions are based on total market capital and total number of coins and hence, if you think I am an idiot, then you are an idiot for sure.

But still to stick with your wrong reading and interpretation and math calculations, if you think somehow that 42 TRILLION dollars is a big number for market capital of BTC, then definitely you are a complete idiot. You know nothing about the total market capitals of individual countries by themselves and market capital of gold, bonds and stocks etc of the entire world and when all money will flow to Bitcoin you can't even imagine how quickly and how much the BTC market capital will grow and how much the BTC price will increase suddenly.

If market capital of BTC will go 200 TRILLION dollar one day, then I will not be surprised, but this is not going to happen in 2018 I know that, but will definitely happen within next 2 to 3 years.


Hello Leo; you are looking like a BTC expert! So, I have a question to you; why BTC is following unrealistic uptrend? What’s the fundamental reason behind it? Please………

leo23

Member Since Oct 12, 2016  349 posts leo23 Jan 01 at 14:52
@giancarlo914

It doesn't matter what I meant to type, but it matters what I typed and it is in bold letters since it is a title. The typing is 5 zeros after 2 which means 200K and it is not 2 million. I can't explain better math than this. I hope it has been taught in every school in math class in every country, but I am not sure if some countries consider commas(,) for replacement to zero...that is funny for me.

Bitcoin doesn't care whether anyone uses it for transaction or not and Bitcoin doesn't care how many forks it will give. Bitcoin doesn't care how much transaction fees it has and also, it doesn't care how much regulation will occur and how many exchanges will be shutdown and how many countries will try to ban Bitcoin etc. Because Bitcoin is simply considered as a store of value as an alternate compared to other assets.

Bitcoin doesn't care any such things which I mentioned above.But yes, small temporary impacts can be there on Bitcoin price when such things happen like government regulations, cryptocurrency exchange hack or ban etc.

Though cryptos have shown some significant growth recently, but still the main reason behind why cryptos are not being adopted quickly as replacement to fiat currency is because of the security associated while dealing with money.

Many cryptos come and go and many cryptos are there already much better than Bitcoin, but when it comes to trust it is not easy for people to trust any unknown coin simply. Everyone trusts Bitcoin and knows something about Bitcoin because it has been tested and tried for more than 8 years from now and hence, always Bitcoin will take a major market share of cryptos not necessarily 50%, but at least 20% to 25% or more which is huge compared to total market capital of all cryptos.

By the way, total market capital of all cryptos will be around 10 TRILLION to 20 TRILLION by end of 2018 and it is not 1 TRILLION. 1 TRILLION will be hit within just next few months.



leo23

Member Since Oct 12, 2016  349 posts leo23 Jan 01 at 14:53
@AniLorak

I have explained in another thread of mine why Bitcoin is following unrealistic uptrend. Though there are multiple reasons for this. But I can give you one single answer is because Bitcoin is the first product of a new technology and every new technology follows exponential growth which means it doubles its value at constant interval of time.

So initially it will appear as if nothing is happening, but after a break even period of time it will explode as if it is going to infinite, but it will not be infinite in value. The same thing happened to Bitcoin. During the first few years of testing and trials few people kept on saying that it will die and it will be zero etc, but it has been doubling its value in small amounts in constant interval of time, not exactly but approximately.But since the market capital was small and hence, no one was paying attention to it, but now since the value has increased too high people get fearful, but the pattern remains the same.


The fundamental reasons behind Bitcoin price explosion is because Bitcoin is the FIRST, DECENTRALISED, CRYPTOCURRENCY of the world based on the world revolutionary technology called BLOCKCHAIN technology of having FIXED supply of 21 million Bitcoins in total. These are the 5 fundamental reasons in bold letters.

There are 3 practical reasons behind Bitcoin price increase till now and in future:
1.ICO(Initial coin offering) funding using Bitcoin and number of ICOs will increase rapidly in coming years and hence, Bitcoin usage will be increased as well
2.Institutional investors using Bitcoin as a store of value as a replacement to gold, stocks, bonds, real estate, currencies etc.So all the trillions of USD from these markets will slowly start flowing into Bitcoin and of course, other cryptos as well. But Bitcoin will definitely be the first option due to it's high value and small limited supply of 16 MILLION BTC total.
3.Sudden country wide adoption, usage and conversion of a specific country's currency to Bitcoin due to financial insecurity. Whenever one country joins Bitcoin, one big price move happens. What a bunch of hundred people or thousand people will do may create a temporary impact on Bitcoin, but will have no impact at all on the overall Bitcoin price in long run.

By the way, the funny thing which I can see in future is when fiat currencies will be useless and will not be accepted for daily transactions and it is not so far and it is a couple of years may be between 5 to 10 years and may even happen much earlier. I mean now few vendors and companies are accepting cryptocurrencies and then, after few years all vendors will start rejecting fiat currencies and will accept only cryptocurrencies.

leo23

Member Since Oct 12, 2016  349 posts leo23 Jan 02 at 15:40
Crypto markets are now getting ready for a big rally this year 2018.As I mentioned earlier this year will be year of paradigm shift from fiat currency to cryptocurrency and this year will be the beginning year towards the end of fiat currency, end central banking system and end of hard cash and hence, end of forex trading as well.

It may take few years around 3 to 5 years to massively erase the fiat money and wide adoption of cryptocurrencies, but this year will show a clear sign of shift from fiat money to cryptocurrencies which will at least bring some awareness among people who are still hoping to use fiat money in future to make them realise that the end of fiat currencies and banks are coming faster than they think.

Now, there are probably more than 10 or 20 cryptocurrencies for Big rallies in the near future along with the price increase of Bitcoin. Though I don't give any financial advice on any cryptocurrencies, but if anyone is interested, then I will put the list of top 10 cryptos for Big rally this year 2018. When I say Big rally means at least 100 times gain from the current price.

There are probably more than 100 cryptocurrencies which can very easily gain 10 times as compared to current price in 2018, but I am interested in coins only if they have a potential of 100 times gain. If anyone is interested to know the list, then comment here.

AniLorak

Member Since Apr 18, 2017  271 posts AniLorak Jan 03 at 07:45
leo23 posted:
Crypto markets are now getting ready for a big rally this year 2018.As I mentioned earlier this year will be year of paradigm shift from fiat currency to cryptocurrency and this year will be the beginning year towards the end of fiat currency, end central banking system and end of hard cash and hence, end of forex trading as well.

It may take few years around 3 to 5 years to massively erase the fiat money and wide adoption of cryptocurrencies, but this year will show a clear sign of shift from fiat money to cryptocurrencies which will at least bring some awareness among people who are still hoping to use fiat money in future to make them realise that the end of fiat currencies and banks are coming faster than they think.

Now, there are probably more than 10 or 20 cryptocurrencies for Big rallies in the near future along with the price increase of Bitcoin. Though I don't give any financial advice on any cryptocurrencies, but if anyone is interested, then I will put the list of top 10 cryptos for Big rally this year 2018. When I say Big rally means at least 100 times gain from the current price.

There are probably more than 100 cryptocurrencies which can very easily gain 10 times as compared to current price in 2018, but I am interested in coins only if they have a potential of 100 times gain. If anyone is interested to know the list, then comment here.


Thank you very much for your detail answer! Please, I am interested to know top 10 list of the CryptoCurrencies!

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