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

Adribaasmet
Jun 17 2018 at 14:21
951 postów
leo23 posted:
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.


Hello leo, is it possible to increase the price incredibly because of the World Cup 2018?

leo23
Jun 17 2018 at 15:55
567 postów
@Adribaasmet

I have no idea about world cup 2018. Also, based on my knowledge I don't find any reason of crypto price rise due to world cup. But if I will find such a reason, then I will post.

Currently, my crypto price predictions are based on the 4 fundamental cycles or phases of cryptos:
1.Development of cryptocurrencies and survival of crypto markets in general:--It has been done already for last 7 to 8 years leading to the overall market capital to bring to few billion dollars. This was the crucial period for cryptos.

2.Awareness among retail investors and pumping the price:--This phase or cycle has been already completed last year in 2017 leading to the overall market capital to reach almost 1 Trillion dollar

3.Awareness among Institutional investors and pumping the price:-This is about to happen most probably by end of this year or beginning of next year leading to the overall market capital to few trillion dollars may be around 5 to 10 trillion USD or more within next 1 to 2 years.

4.General public acceptance and usage for daily goods and services:-This is the final phase where cryptos will almost replace fiat currencies for most of the major day today usage in most of the countries. This will lead to a crypto market capital almost equivalent to the forex market capital which can be around 80 to 100 trillion USD which can happen within next 5 to 6 years.

This final phase will be a similar disruption as how smartphones replaced the land phones. I mean though land phones are there, most people use smart phones now simply because it has many more features other than making calls and in the same way though fiat currencies might be there, but most people would be using cryptocurrencies because there is absolute no reason as why to use fiat currencies when there is the option of cryptocurrencies which are much better than fiat currencies in every way possible.

Artificial General Intelligence
dpowerfx
Jun 18 2018 at 05:56
1 postów
Couldn't agree with this more. my analysis has leaned me towards thinking that BTC will hit 20,000 again in the coming months. I would be expecting another rush of selling if it hit's 20K, but if that happens I feel it will only be for a short while, and then BTC will continue to rise. 😎

AmDiab
Oct 19 2018 at 05:37
718 postów
Hello Leo; are you here? What’s your opinion here? It’s almost end of the 2018!! But till now it’s around only 6,000$.

leo23
Oct 19 2018 at 08:10
567 postów
AmDiab posted:
Hello Leo; are you here? What’s your opinion here? It’s almost end of the 2018!! But till now it’s around only 6,000$.

Yes, I am always in and always bullish for Bitcoin and cryptocurrencies and support long term holders of Bitcoin and cryptos.

It doesn't matter what price of Bitcoin is now to reach to a next price level of 200K or 1 Million USD per BTC. You can easily understand this if you look into the overall history of the price fluctuations of BTC for past 10 years especially last year.

How much time it took to reach the price of BTC from 6.5K to 19.5K last year?? It was around less than a month or so and probably no one expected this and not even me.

I expected and predicted the price to be around 10K by end of last year(2017) when it was hovering around 2.5K to 3K, but it surpassed all of my expectations and crossed beyond 19K and hence, that's how the BTC market is. But it didn't move just for no reasons and there was a fundamental reason behind the price rally and it was the Bitcoin's future launch and I predicted the price long back when even there was no concept or idea of Bitcoin's future.

So now this time also I created this thread last year when there was no idea or concept of all the fundamental stuff what is happening right now like crypto funds, crypto payment processing, Bitcoin lightening network,Bitcoin ETF etc. So these are the things which will be responsible for the next rally.

But when it is going to happen, it is difficult to say because now it's all about regulation and without regulations those trillions of USD will not come to crypto market which is required to drive the price and such regulations usually takes long time due to lengthy paper work and that's why the price is just hovering around the Bitcoin mining cost. But I still expect the Bitcoin ETF to be approved by end of this year or by beginning of next year around Feb or March which can drive the price of Bitcoin at least 30 times very easily which will be around 200K to 300K before next bearish market.

But I might be wrong by a couple of months, but regarding the BTC price it is bound to reach at least 2 to 3 Million USD per BTC within next 4 to 5 years and at least 1 million USD within next 1 to 2 years.

Finally, these are just my calculations and personal opinions and not any financial advice to buy or invest in crypto and there is no guarantee about any such price predictions. Everyone must study the market and do proper research of their own before investing in crypto.


Artificial General Intelligence
Adribaasmet
Oct 21 2018 at 07:04
951 postów
leo23 posted:
AmDiab posted:
Hello Leo; are you here? What’s your opinion here? It’s almost end of the 2018!! But till now it’s around only 6,000$.

Yes, I am always in and always bullish for Bitcoin and cryptocurrencies and support long term holders of Bitcoin and cryptos.

It doesn't matter what price of Bitcoin is now to reach to a next price level of 200K or 1 Million USD per BTC. You can easily understand this if you look into the overall history of the price fluctuations of BTC for past 10 years especially last year.

How much time it took to reach the price of BTC from 6.5K to 19.5K last year?? It was around less than a month or so and probably no one expected this and not even me.

I expected and predicted the price to be around 10K by end of last year(2017) when it was hovering around 2.5K to 3K, but it surpassed all of my expectations and crossed beyond 19K and hence, that's how the BTC market is. But it didn't move just for no reasons and there was a fundamental reason behind the price rally and it was the Bitcoin's future launch and I predicted the price long back when even there was no concept or idea of Bitcoin's future.

So now this time also I created this thread last year when there was no idea or concept of all the fundamental stuff what is happening right now like crypto funds, crypto payment processing, Bitcoin lightening network,Bitcoin ETF etc. So these are the things which will be responsible for the next rally.

But when it is going to happen, it is difficult to say because now it's all about regulation and without regulations those trillions of USD will not come to crypto market which is required to drive the price and such regulations usually takes long time due to lengthy paper work and that's why the price is just hovering around the Bitcoin mining cost. But I still expect the Bitcoin ETF to be approved by end of this year or by beginning of next year around Feb or March which can drive the price of Bitcoin at least 30 times very easily which will be around 200K to 300K before next bearish market.

But I might be wrong by a couple of months, but regarding the BTC price it is bound to reach at least 2 to 3 Million USD per BTC within next 4 to 5 years and at least 1 million USD within next 1 to 2 years.

Finally, these are just my calculations and personal opinions and not any financial advice to buy or invest in crypto and there is no guarantee about any such price predictions. Everyone must study the market and do proper research of their own before investing in crypto.



Whatever it is; you look so much confident & I really like your approach! Have a good weekend mate!


AniLorak
Nov 25 2018 at 07:59
920 postów
leo23 posted:
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.


Hello leo; I think now 10K would be harder! What do you think right now? How much difficult it is?

leo23
Nov 25 2018 at 09:26
567 postów
AniLorak posted:
leo23 posted:
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.


Hello leo; I think now 10K would be harder! What do you think right now? How much difficult it is?


Nothing is impossible when it comes to crypto price movements. Price can go any low price at anytime and same is true with high price as well. I have said this many times in my previous thread as well as this thread and I will keep saying the same thing.

Because market crash is not a new thing in crypto space. Just ask yourself one question as how Bitcoin can make a 1000% return within a couple of weeks or months if it will not loose 80% or 90% of the value? If it will simply keep rising and rising, then the long term and smart investors will not make that much money as they will make when markets crash and move back up again.

Just because now the BTC price is around 3.5K , you can't say that it will not go 10K by end of 2018. But of course it may look very obvious for many of us, but I don't go by what is obvious and I apply my own analysis based on facts which drive the market movements and there is no guarantee on my price predictions or anyone's price predictions as well. These are just my calculations only. It is the fundamentals which drive the market movements and we need some of it to move the market up.

In fact now, it is very easy for one entity to move the market up since the market cap is very low. So it might shoot up at anytime, but the same is true for shoot down as well and market can go even much down from the current level.

At least I am happy that markets have started moving finally as compared to last couple of months and whether it moves up or down doesn't matter much if you are a long term holder of crypto.

The fundamental reason is that crypto is a free market which is not controlled by any government and hence, anyone can buy and sell any amount and no one can stop him to do so and that's what is the advantage and disadvantage as well.

Which means that now numerous payment processors as well as numerous forex brokers support cryptos as payment gateway and obviously, they don't convert into fiat for a couple of hundred dollars. So they pile up all the cryptos over time for the perfect time of liquidation and one of such forex brokers or payment processors can move the price up and down by putting few billions in and out of the market. That is one of the main reasons why the current market is going down.

Also, there are many small crypto funds already functioning and liquidation of such futures contracts as well can crash the price which is another reason.

Again, the most important reason of crypto crash is strongly related to the current stock market crash and many investors and companies must have pulled out the money from crypto market to compensate their own losses or compensate their companies.

In fact, if the price will continue to be in the same range or fall below these levels even after next 2 to 3 months, then I am definitely going to buy a bunch of them at that time. Because it is like a golden opportunity again to create billionaires out of nothing within a couple of years.

When price reached around 20K, many people said that now we can't make 1000% return on Bitcoin any more which was somewhat true, but now Bitcoin has given another opportunity and probably the last opportunity to become a millionaire within 2 to 3 years by investing a couple of thousand dollars. Because from 3.5K to 35K can happen just in one to two week which is a 1000% return in less than a month and no one will miss such an opportunity if price starts moving up. And if any fundamental news like Bitcoin ETF approval comes out, then it can shoot up even much higher and faster.

It may happen before 2018 or may be during Feb or March of 2019. Or finally, I will personally drive the Bitcoin market up:)))

I never expected that I will be able to buy Bitcoin and Etherium at such low levels and as if market has been waiting for me for long time to buy at the best price before moving up...:::))))))


Artificial General Intelligence
Jon S (jsa1742)
Nov 26 2018 at 08:36
3 postów
BTC has gone down because interest rates on USD are going up. USD has a better stability:profit ratio than BTC. This is short term though. Who knows what will happen. At some point people are going to start taking profits and moving their money around again.

Adribaasmet
Nov 26 2018 at 13:43
951 postów
jsa1742 posted:
BTC has gone down because interest rates on USD are going up. USD has a better stability:profit ratio than BTC. This is short term though. Who knows what will happen. At some point people are going to start taking profits and moving their money around again.


Maybe we are going to have around 2000$ (per BTC) after a long time.

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