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

Adribaasmet
May 27 2019 at 19:55
916 ieraksti
AmDiab posted:
Adribaasmet posted:
Andromaris posted:
I can see it on something like $8000 or more for 1 BTC again. It's very very volatile really and I am not sure how you able to fix some profit or loss with it. I miss the times when you being able to buy that BTC for like $20 and nothing less than that really.


Yes, now the price is around 8K! But, now I am not super ambitious; maybe in near future it’ll cross 10K.


I guess; within the next few months we’ll have more than 1200$ price in Bicoin!


Maybe in the next year! And nice to see, buyers are active here and pushing the price!

AniLorak
Jun 22 2019 at 10:20
920 ieraksti
Leo; how are you? Now; we are in a strong bullish market; what do you think about future price prediction?

leo23
Jun 22 2019 at 12:19
566 ieraksti
AniLorak posted:
Leo; how are you? Now; we are in a strong bullish market; what do you think about future price prediction?


The current bullish market is arising purely from practical use cases which I already discussed in my other thread before 1 to 2 years back. It means more and more tech companies and funds, banks and country wide adoption is happening now and it is not like last pump and dump phenomena in which just one fundamental news pumped the price and then, dumped it again heavily afterwards.

For example, if Facebook will launch it's own crypto which it announced to launch next year, then it will act as an entry to crypto for one third of world population in one shot which is around 2 to 3 billion people. Similarly BAKT is about be launched soon this year though I don't have much information about it.

Now, it took almost 1.5 to 2 years to recover from that bearish market because of pure practical use cases and not because of sudden news announcements and hence, this bullish market seems to be more strong than before. But we have to wait and see until it breaks the all time high of 20K and settles above that level for sometime.

Then, my count down will start from 20K, 40K,80K,160K, 300K,800K, 1 M to 2 M USD per BTC which I already discussed many times in my first thread.

But most people ignored my comments at that time and laughed at me and I was probably the first myfxbook user who introduced myfxbook users about cryptocurrencies based on purely from fundamental analysis of crypto use cases.

Now, after 2 years it seems that many people are becoming aware and adopting cryptos. But I have to 100% agree that I was wrong about timings for price predictions. Hence, I am not willing to predict any specific price under specific times, because I recommend only for holding cryptos and using cryptos and don't recommend margin trading.

But I strongly stick with my same price prediction which I did few years back. That is 1 BTC will settle between 2 to 3 Million USD and I am serious about saying this that 1 BTC=2 Million USD or more within next few years, but when it is difficult to say.


Artificial General Intelligence
Adribaasmet
Jun 23 2019 at 04:47
916 ieraksti
Hi Leo; no doubt blockchain technology is an innovation; day by day the popularity of crypto will be increased in all over the world! Even I see; many experts are expecting 10 Millions price = per BTC.

leo23
Jun 23 2019 at 15:29
566 ieraksti
Adribaasmet posted:
Hi Leo; no doubt blockchain technology is an innovation; day by day the popularity of crypto will be increased in all over the world! Even I see; many experts are expecting 10 Millions price = per BTC.

Yes, you are correct.

Because cryptocurrencies is a huge opportunity and it is a doorway to bring financial stability and economic balance in the society by which single individuals can't hold billions and billions of net worth where as others suffer in poverty. In the current economic system, rich getting richer and poor getting poorer because a specific group of people control the whole financial system and cryptocurrencies challenge the current financial system and that's why originally Bitcoin was created.

That is the main reason why I have been supporting crypto for long time for many years though I personally don't hold much of crypto, but I use crypto always. Also, I am trying to educate others to buy, hold and use crypto currencies instead of fiat currencies. The quicker the society realises this the better it will be.

One of the biggest doorway will be the usage of stable coins which can easily and quickly replace the entire central banking system. Few of the examples are USD coin(USDC) and EUR stasis network(EURS) etc. Next coming is Facebook's Libra coin which is a stable coin as well. These can easily and quickly replace the banking system.

I discussed about stable coins in my last post in my other and original and first thread. If someone wants to learn more about cryptos he can read that thread entirely:
https://www.myfxbook.com/community/general/trading-cryptocurrencies-bitcoinetherium-litecoin-etc/1513362,1#?pt=2&p=18&ts=178&o=1513362



Artificial General Intelligence
AmDiab
Jun 24 2019 at 06:15
718 ieraksti
leo23 posted:
Adribaasmet posted:
Hi Leo; no doubt blockchain technology is an innovation; day by day the popularity of crypto will be increased in all over the world! Even I see; many experts are expecting 10 Millions price = per BTC.

Yes, you are correct.

Because cryptocurrencies is a huge opportunity and it is a doorway to bring financial stability and economic balance in the society by which single individuals can't hold billions and billions of net worth where as others suffer in poverty. In the current economic system, rich getting richer and poor getting poorer because a specific group of people control the whole financial system and cryptocurrencies challenge the current financial system and that's why originally Bitcoin was created.

That is the main reason why I have been supporting crypto for long time for many years though I personally don't hold much of crypto, but I use crypto always. Also, I am trying to educate others to buy, hold and use crypto currencies instead of fiat currencies. The quicker the society realises this the better it will be.

One of the biggest doorway will be the usage of stable coins which can easily and quickly replace the entire central banking system. Few of the examples are USD coin(USDC) and EUR stasis network(EURS) etc. Next coming is Facebook's Libra coin which is a stable coin as well. These can easily and quickly replace the banking system.

I discussed about stable coins in my last post in my other and original and first thread. If someone wants to learn more about cryptos he can read that thread entirely:
https://www.myfxbook.com/community/general/trading-cryptocurrencies-bitcoinetherium-litecoin-etc/1513362,1#?pt=2&p=18&ts=178&o=1513362




Yes; Stable coin is beauty; even I see now blockchain . com (wallet) added stable coin on their chart; so users can hold the maximum value at anytime.

Kenkatzia
Jun 25 2019 at 06:08
20 ieraksti
I still think it will not costs THAT much till the end of 2018;) Guess what it really wasn't we already at half of 2019 and that's the biggest thing which hits the fan really. It has ups and down but I think something like $10k again in 2020 possible really.

Adribaasmet
Jun 25 2019 at 07:56
916 ieraksti
Kenkatzia posted:
I still think it will not costs THAT much till the end of 2018;) Guess what it really wasn't we already at half of 2019 and that's the biggest thing which hits the fan really. It has ups and down but I think something like $10k again in 2020 possible really.


To be honest; I wasn’t optimistic but after knowing BTC and full terminology of blockchain; I am sure it’s just begging!

AniLorak
Jun 26 2019 at 06:59
920 ieraksti
According to my analysis; the price will be around 20,000$ very soon! Maybe end of this year!

AmDiab
Jun 30 2019 at 06:48
718 ieraksti
AniLorak posted:
According to my analysis; the price will be around 20,000$ very soon! Maybe end of this year!


What’s the base line of your analysis? Technical or fundamental data? Can you please share?

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