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[SCAMEXPOSER]

Several financial expert have predicted the price of Bitcoin with respect to year and it value while some predicted it value without specific date.

Ronnie Moas predicted that by the end of this year (2020) Bitcoin will hit $50,000

Tom Lee a bitcoin bull also predicted a $91000 for 1 bitcoin by March 2020 but unfortunately the prediction failed.

Anthony papliano a bitcoin personality predicted that bitcoin will hit $100,000 by the end of year 2021.
John pefeffer predicted that bitcoin price will be at $700,000 but didn't specify the date.
How realistic are these prediction?.

 

[SCAMEXPOSER]

We can't predicted the price of btc in future because there has a chance too that btc price csn be frop into zero like oil because lot of fast altcoin..but if btc price increase like now then there has a Chance it hit 30k

It is not a crime to predict neither is it a must that prediction becomes reality or positive. These prediction are done puting into consideration certain factors that are likely a push to the rise of Bitcoin and others.

 

[Concernednoneif]

I would like to say that those predictions are far fetched and they have absolutely no basis at all because bitcoin is not that much track able

 

[Naveedsgd]

In an exchange with Business Insider in May 2017, Liew said that the Bitcoin price can realistically reach $500,000 by 2030. Liew's prediction was backed by Peter Smith, the CEO, and co-founder of Blockchain the world's most popular Bitcoin wallet.

 

[Balint098]

Don't believe in most of these people predictions, many of them are just impossible to reach, just like how McAfee predicts that btc will reach a million in price some way back.

 

[microunit]

I doubt this, the highest so far was just around 19K dollars and that was even a year after the second halving, I think he's just leading people to invest in bitcoin

 

[Brain]

I would like to say that those predictions are far fetched and they have absolutely no basis at all because bitcoin is not that much track able

I doubt any of those prediction would ever be attainable. To be it looks too far from the reality on ground especially for the $700,000 mark. It isn't feasible.

 

[brent_abella]

Several financial expert have predicted the price of Bitcoin with respect to year and it value while some predicted it value without specific date.

Ronnie Moas predicted that by the end of this year (2020) Bitcoin will hit $50,000

Tom Lee a bitcoin bull also predicted a $91000 for 1 bitcoin by March 2020 but unfortunately the prediction failed.

Anthony papliano a bitcoin personality predicted that bitcoin will hit $100,000 by the end of year 2021.
John pefeffer predicted that bitcoin price will be at $700,000 but didn't specify the date.
How realistic are these prediction?.

These are just their guess that is based on their perspective through the years of following Bitcoins history, movement and activities. I could see Bitcoins price in 2030 might be around $30,000 to $50,000 if it surpasses the all-time highest price way back December 2017 which is around $19,000+

 

[SCAMEXPOSER]

These are just their guess that is based on their perspective through the years of following Bitcoins history, movement and activities. I could see Bitcoins price in 2030 might be around $30,000 to $50,000 if it surpasses the all-time highest price way back December 2017 which is around $19,000+

Guess you are also in line with predictions too probably we should add your name too (lol) , I am sure one or two people predictions will come to reality.

 

[emptyspacesx]

Guess you are also in line with predictions too probably we should add your name too (lol) , I am sure one or two people predictions will come to reality.

How sure you are with those numbers of people you are guessing? As predictions are just merely estimation or just a guess on each perspective or point of view. I would not give an exact amount but Bitcoins price will always increase as it is structured as deflationary.

 

[microunit]

How sure you are with those numbers of people you are guessing? As predictions are just merely estimation or just a guess on each perspective or point of view. I would not give an exact amount but Bitcoins price will always increase as it is structured as deflationary.

yep you are right, but if you have to take account every possible thing that can happen, bitcoin might also have its value plumet down if people are starting to quit using bitcoin

 

[SCAMEXPOSER]

Definitely if people quit the use of bitcoin it will have no value any more but with the acceptability of bitcoin in the most advance countries do you think bitcoin can ever taken off the internet or off the people.

 

[emptyspacesx]

Definitely if people quit the use of bitcoin it will have no value any more but with the acceptability of bitcoin in the most advance countries do you think bitcoin can ever taken off the internet or off the people.

Yeah, there is no way that all people would take off to Bitcoin. Maybe we can say that some people might quit but there are others who are new & curious and in connect, population is growing rapidly therefore Bitcoin is progressive.

 

[Balint098]

You can't compare the price of bitcoin in the year 2002 to know ,I think it can reach that figure with the increasing

You can learn from the past, in the context of trading analysis, this is where technical analysis come in - predicting a price movement based on past trend.

 

[Balint098]

Most alternative coins are worthless, some of them were nothing more than scams even, and has no effect on Bitcoin price. Not that many can reach the height Bitcoin reached so far anyway.

 

[Concernednoneif]

Exactly we should not predicted any currency price that is not stable anymore..its possible to predicted the Price around 2 years later but 10 years later it Price can go 50k+ or down to zero dollar's

Yes i totally agree to you that the predictions of that much long which cover a whole span of a decade are most surely bound to be wrong

 

[KarthikP]

People do predict very high price like $100000+ . But do you think it's really possible even after 10 years from now. Bitcoin has not even go above $20000, anyways let's see what can happen.

 

[Raj13]

But on what factors do they analyze the price of bitcoin ? What I heard from other members about bitcoin is no one can actually predict the value of bitcoin

 

[Metallica]

Predictions are just their opinion sometimes mixed with analysis. But I dont rely on these. Bitcoin still struggling to get through 10000 dollars and it will need much time to reach 25000. By 2030 what can be the value no one can say appropriately.

 

[LateDuo]

Its never easy to predict bitcoin. more time later, more harder it gets. So 2030 ? Thats far away a lot of ups and downs in bitcoin graph is coming before that. whereas now we treat 10000 a good figure, may be that time 20000 as a good stable price. supply is becoming zero making a boom in bitcoin prices in next decades.