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

Aqissiaq posted:
Too much vested interest for BTC to be banned in US. There is too much money involved already for crypto to be banned. There may be some regulation but that would help BTC

No one can kill the BTC; that’s the beauty! Surely US will ban BTC when the price will be out of control like 50-60K.

Adribaasmet posted:

Aqissiaq posted:
Too much vested interest for BTC to be banned in US. There is too much money involved already for crypto to be banned. There may be some regulation but that would help BTC

No one can kill the BTC; that’s the beauty! Surely US will ban BTC when the price will be out of control like 50-60K.

50-60 thousand? I think, it’s not possible within 2020! Maybe after 2025; we have this type of price value for per BTC!

Well; who thought the price will be around 10K during 2012-13? No one actually! So, there is nothing like impossible in BTC!

Adribaasmet posted:
Well; who thought the price will be around 10K during 2012-13? No one actually! So, there is nothing like impossible in BTC!

Good point. I guess when the excrement and speculation start again it is not impossible that BTC will be up to $100,000+

Farbious posted:

Adribaasmet posted:
Well; who thought the price will be around 10K during 2012-13? No one actually! So, there is nothing like impossible in BTC!

Good point. I guess when the excrement and speculation start again it is not impossible that BTC will be up to $100,000+

I think so; till now I can remember when the price was only 6$! If I knew; lolzz (I can’t amazing)!

Farbious posted:

Adribaasmet posted:
Well; who thought the price will be around 10K during 2012-13? No one actually! So, there is nothing like impossible in BTC!

Good point. I guess when the excrement and speculation start again it is not impossible that BTC will be up to $100,000+

Now the price is around 8K; maybe the last chance of gathering BTC with cheap price!

I don’t know why the price is till now below the 8K; although we are very near of BTC halving!

i recon will be around 6000 at the end of december. at pinch point now i recon the drop is coming.

I am looking to buy BTC and I think there are a lot like me who are waiting for price to fall and get to $4000-5000. Once that happens one more time the price will start to rise and will go back up to $20,000 in the next 12 months

Hi Leo; how are you buddy? What’s your expectation on this BTC halving?

And what with current coronavirus thing of all that matter absolutely anyway, does it sounds somewhat bad or entirely not possible? I do not clearly see anyway what is what on that topic, I bet BTC will fall lately to miriad of the things in reality.

Coronavirus is kind of boost trading activities and volatility in investment market. However, it is affecting other financial sector severally.

leo23 posted:
I project BTC price to be 2,00,000 USD per BTC by end of 2018.

What does that mean? 2.000.000 USD or 200.000 USD? BTC was never around such prices, but yeah, until 2027 it could go up to 200k; that's still possible.

It’s 2020 and bitcoin is worth much more than expected.

Yes, it is. And it will keep growing in the future.

I was wrong in predicting the BTC price timelines may be by 2 to 3 years, because if price of BTC continue to grow in same rate, then we can expect an easy 100K to 200K per BTC shortly.

But short or long pull backs might be expected around 29K, 45K, 58K, 80K and 95K.

95K to 97K might be a strong resistance before breaking through the 100K mark per BTC.

Note that the prices of BTC usually follows a exponential growth pattern and not a linear pattern when it is free from too much government influence, attacks, regulations etc.

It means the BTC price pattern can follow like this 20K, 40K, 80K, 160K, 320K, 640K and finally reaching the 1 M USD per BTC price mark.

So basically 7 steps away from 1 M USD per BTC. This 7 step can be 7 days, 7 Weeks, 7 months or under worst case 2 to 3 years.

NOTE::: This is not any financial advice and never invest anything in BTC which you can't afford to loose. You must be ready to handle any price pull back when you buy BTC. I said it multiple times in this thread since last 4 years in my other cryptocurrency thread and same is true now also. You invest only what you want to keep in BTC for lifetime and don't care whatever the price of BTC will be since in future most probably you will not want to sell your BTC whatever price it may be, because BTC might be the only universal reserve currency for the world.

leo23 posted:
I was wrong in predicting the BTC price timelines may be by 2 to 3 years, because if price of BTC continue to grow in same rate, then we can expect an easy 100K to 200K per BTC shortly.

But short or long pull backs might be expected around 29K, 45K, 58K, 80K and 95K.

95K to 97K might be a strong resistance before breaking through the 100K mark per BTC.

Note that the prices of BTC usually follows a exponential growth pattern and not a linear pattern when it is free from too much government influence, attacks, regulations etc.

It means the BTC price pattern can follow like this 20K, 40K, 80K, 160K, 320K, 640K and finally reaching the 1 M USD per BTC price mark.

So basically 7 steps away from 1 M USD per BTC. This 7 step can be 7 days, 7 Weeks, 7 months or under worst case 2 to 3 years.

NOTE::: This is not any financial advice and never invest anything in BTC which you can't afford to loose. You must be ready to handle any price pull back when you buy BTC. I said it multiple times in this thread since last 4 years in my other cryptocurrency thread and same is true now also. You invest only what you want to keep in BTC for lifetime and don't care whatever the price of BTC will be since in future most probably you will not want to sell your BTC whatever price it may be, because BTC might be the only universal reserve currency for the world.

You explained your position very clearly. I agree with you in most of the statements. It probably makes sense to buy bitcoin, but not for the purpose of speculative income, but as an investment in the future currency of the world. What if, in fact, after some period of time, the price of bitcoin will be equal to one bitcoin. It makes you think.

So my first target of 40K per BTC has been hit as per exponential price growth expectations.

Next, price targets for BTC are as follows 80K, 160K, 320K, 640K and finally reaching the 1 M USD per BTC price mark.

We can expect pull backs of course in the mean while during 80K to 95K before crossing 100K mark.

Is it not too late to invest in BTC? Or would it be better to look for other crypto?