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

TiffanyK posted:
No bad feelings but I think you are going a little 'too far' with those predictions about the cryptos. It looks like a speculation. Also what number is 2,00,000 ? Is it 200,000? or 2,000,000 ? All should be careful when putting all your money (or a big amount of them) in cryptos!!!

It may look speculation for others, but not for me. All my price projections are based on strong fundamental and technical reasons, but these price projections are not any guarantees for investors to invest or take profit. These are just my calculations.

If I would have told that BTC will reach 20K by end of 2017 when the price was below 1K in January 2017, then it would have looked speculation for many at that time. In the same way 200K now for a 10K current price may look speculation.

Yes, some people say 50K is a easy target and some say 100K is very much possible, and I am going one step further to say 200K is very much possible by end of 2018, because BTC doesn't tell that it is going to this price at this time. It can just hit at anytime due to strong fundamental reasons which is the main driving force of BTC price now.

I know that a 4 to 5 trillion USD market cap for BTC is very much possible by end of 2018 due to various reasons and hence, 200K per BTC is very much possible though it may not stay at that price level for long.

BaldoN posted:
Many people lost their money believing that BTC/USD will keeps rising but they have got slaps from the market. My expectation here is that on every price rising, the fear will come back and the selloffs will not allow stabilizing over 12,000 or maximum 15,000. :)

My cousin lost almost 75K at the recent down price (from 1900 BTC/USD)!

Adribaasmet posted:

BaldoN posted:
Many people lost their money believing that BTC/USD will keeps rising but they have got slaps from the market. My expectation here is that on every price rising, the fear will come back and the selloffs will not allow stabilizing over 12,000 or maximum 15,000. :)

My cousin lost almost 75K at the recent down price (from 1900 BTC/USD)!

Losses are inevitable if someone does margin trading in Bitcoin, otherwise, there is no loss in exchange trading of BTC in buying and holding the BTC doesn't matter whatever low price BTC goes. Someone should have strong fundamental knowledge about Bitcoin to hold the BTC when everyone is selling at low price in loss.

Speculation is rife on BTC. I expect highly volatile price moves until the regulators come in

I see good buying opportunity at zero.

gobias posted:
I see good buying opportunity at zero.

Zero means? Right now, it’s around 9.5 K!

Looking into the current market conditions of BTC, it may take little more time to create a new all time high for BTC since it bounced back before reaching 13K and now trading at 8.5K. The margin trading of BTC is killing all the real input money to Bitcoins which no one in the crypto community is noticing. That is one of the main reasons why the market is just moving up and down without a steady upward move which used to happen previously.

These movements are generally happening from day today users of Bitcoin who use Bitcoin for transactions and currently, very few investors willing to put serious money into Bitcoin due to this market moves. Bitcoins users will still use Bitcoin and Bitcoin holders will still hold the Bitcoins.

But due to the last pump and dump which happened from 8.5K till 19.5K, it created a false market crash scenario which is creating confusion among new Bitcoin users. So till now market is just oscillating between those last price levels before the hype and pump and it is oscillating between 8K to 12K repeatedly. Once it crosses above 13.5K or 14K we can expect a clear bullish trend and a new all time high.

leo23 posted:
Looking into the current market conditions of BTC, it may take little more time to create a new all time high for BTC since it bounced back before reaching 13K and now trading at 8.5K. The margin trading of BTC is killing all the real input money to Bitcoins which no one in the crypto community is noticing. That is one of the main reasons why the market is just moving up and down without a steady upward move which used to happen previously.

These movements are generally happening from day today users of Bitcoin who use Bitcoin for transactions and currently, very few investors willing to put serious money into Bitcoin due to this market moves. Bitcoins users will still use Bitcoin and Bitcoin holders will still hold the Bitcoins.

But due to the last pump and dump which happened from 8.5K till 19.5K, it created a false market crash scenario which is creating confusion among new Bitcoin users. So till now market is just oscillating between those last price levels before the hype and pump and it is oscillating between 8K to 12K repeatedly. Once it crosses above 13.5K or 14K we can expect a clear bullish trend and a new all time high.

all complete nonsense...

do we still have faith?

TradingWaves posted:
do we still have faith?

Obviously, yes.

When Bitcoin was in a clear uptrend, then even if a fool can have faith to buy BTC, hold and make money quickly. But now when Bitcoin is in a clear downtrend, only few traders who understand the fundamentals of Bitcoin will still hold on to it and weak hands will loose by selling BTC at low price.

During this time many fundamental changes have been happening which will ultimately give positive results for BTC future and overall future of all cryptocurrencies. But there is no doubt that the rate of growth of BTC and other cryptocurrencies have been slow down for now due to various reasons and mainly due to price manipulation by margin trading. But it can burst out in upward move at anytime more powerfully than ever before.

What are these 'fundamental' factors? To me it looks like regulation is going to kill the crypto market in a few years

Found an interesting article:

https://steemit.com/bitcoin/@supercrypto1/4th-dimension-bitcoin-manipulation-cartel-price-suppression-is-the-goal

Cloudballs posted:
What are these 'fundamental' factors? To me it looks like regulation is going to kill the crypto market in a few years

No, regulations is one of the fundamental factor which I am talking about in favour of cryptomarket.

First of all, regulation doesn't mean ban and no one or no country can ban cryptocurrecies in any way, because that is the nature of cryptocurrencies and hence, there is nothing like killing of crypto market. But of course, these regulations can slow down the rate of growth of crypto market which is in a way positive for crypto growth in long run.

But regulations are important to build trust of people on crypto currencies, otherwise, many booms and bursts along the way can make the investors loose trust in them. Because as I mentioned many times in this thread almost 95% of the existing cryptocurrencies are either a copy of other crypto or simple scams to take out money from investors without having any significant use case of their own. This is what is causing massive up and down ride in cryptos.

When we are talking about daily usage of cryptos similar to regular currencies we are talking in terms of trillions and not billions and crypto total market has not even reached 1 trillion yet. So there is a long way to go and regulations are important for each country to build trust among users.

Though there are many other fundamental factors to be discussed, but I hardly get anytime to do a research on them and also I avoid doing so now because crypto is still going through a correction and so there will be no instant effect on the market due to the fundamental changes. But in long run will have great positive impact.

Some of the examples are adoption and introduction and legalisation of cryptos by companies, banks, governments etc. Note that even if

Another fundamental change is introduction of Bitcoin lightning network which can be introduced in very near future and I am not aware of exactly what is going on now regarding this.

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.

Dude, I'm very interested in watching your thread. Continue in the same spirit. 😉

Please let us know the list

SloveniaRules posted:
Please let us know the list

The list is already there in this thread. Please look for the old posts.

That was a old post which was commented again recently.

Bitcoin is rising, but it will be of any value for me only after it settles above 21K. Let's see how many days or weeks it takes to cross and settle above 21K.

Because from there above 21K. The counting of uptrend will be like this 30K, 40K, 60K,90K,120K, 180K and so on within a couple of weeks or months.

leo23 posted:
Bitcoin is rising, but it will be of any value for me only after it settles above 21K. Let's see how many days or weeks it takes to cross and settle above 21K.

Because from there above 21K. The counting of uptrend will be like this 30K, 40K, 60K,90K,120K, 180K and so on within a couple of weeks or months.

Yes, it’s rising! Hope, the momentum will increase gradually more & more.

The title of this thread is coming to be true in coming few months. I mean we can easily see a BTC price between 150K to 200K by end of this year.

But why I am putting a comment now?

It's because as I said earlier when the market is going up in a bull run, then anyone can tell that it will go up, but now when the market is completely under bearish trend that's when it matters to know and predict the bull run which can be useful for others.

That doesn't mean that BTC will not go any low and will go straight up. NO, it's not. In fact, it can go to any low price and that's the nature of overall crypto market as well as nature of Bitcoin price.

But of course, we have to first wait for sometime until it clears the fundamental psychological levels like 10K,15K and 20K and should stay above 21K for few days.

If you are skeptical about what I say here, then you should first read my first thread which I created last year approximately at this time and read the entire thread what happened next in coming months. Also, it doesn't mean that it will happen the same this year.

But if you want to learn and educate yourself more about cryptos, then here is the link:
https://www.myfxbook.com/community/general/trading-cryptocurrencies-bitcoinetherium-litecoin-etc/1513362,1

NOTE: I am not giving any financial advice here for you to invest in any of the cryptocurrencies and these are my personal opinions. You must do your own research and analysis before you invest any money.