I will be messaging you on UTC to remind you of this link. CLICK THIS LINK to send a PM to also be reminded and to reduce spam. Parent . I joined crypto in early buying some bitcoin, for what bitcoin promised to be. Later that year discovered alts, traded, gambled, made a lot, roughly % and lost it in the next 3 years gambling alts and in leveraged futures. According to an anonymous account on 4Chan, October should be the time when BTC/USD hits $16, The unknown source made the prediction in January, along with several others concerning the Bitcoin price. According to them, Bitcoin should have reached $ in April and $ in July. Both of those predictions came true.
Bitcoin price prediction 2019 redditBitcoin Price Prediction , , , - Long Forecast
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Bitcoin price predictions self. Everyone is drawing TA and making percent calculations of yearly bitcoin growth etc etc.
Yes they do. Maybe someone that was here from at least can tell me what this subreddit looked like back then? I bet that only few had an idea about where price could be heading and 20k happened out of the blue for the majority. What matters is getting people from outside the crypto world to see it as a better place to park their savings as well as large investors with the power to move markets seeing it as a good investment.
More than 90 percent of people think Bitcoin is a scam or is money for druggies and criminals. They are wrong. We -- the tiny minority who see what this is and grasp its profound implications -- are right. I am en economist and I specialize in monetary theory. The minute I read the Bitcoin concept I was sold. Blockchain will no doubt start the next industrial revolution and Bitcoin will be looked at in awe when people realize what they could have bought into but instead scorned and ridiculed.
Except this flood will make even a 0. When I read the whitepaper, I couldn't sleep for an entire night. The implications of this technology were so astonishing to me. I've often wondered why most of my friends and family don't seem to see those implications, even when pointed out to them. I had in mind people of reddit and youtube , people who love the fundamentals and those who truly love BTC for what it is. This thing is just mental.
You know bitcoin will worth more than millions somedays, does it matter if you get in 10k, 20k or 5k? Don't be weak handers. Buy now, delete facebook, block reddit, go to the gym. More info Balance Deposit Withdraw Something wrong? Have a question? Send me a message. Man, I have to wait like years for this to turn maybe a cup of coffee? I believe the reasoning is that the reward of mining is spread thinner, so miners are forced to sell more to keep operations going?
Every 4ish years the reward for mining bitcoin gets cut in half. This creates a sudden drop in rate of supply and thus an increase of demand over the following months. This creates the bubbles bitcoin is famous for. Not an increase in demand, the demand is the same but the price increases as the supply slows down. Atleast theoretically thats what would happen.
Right theoretically, i just said increase in demand because in this specific case, Bitcoins demand continues to grow throughout the years. Based on historical precedence I think we've already realized those gains. New floor in my opinion is about 6k.
Welcome to the echo chamber. I'd like to think most here understand the fundamentals of bitcoin: security, trustlessness, decentralization, uncensorable, and that that's the foundation of their investment and what keeps people invested in bitcoin after their greed fades and jades from the excitement and novelty.
No one can accurately predict the future, especially the highs and lows - but history tends to rhyme, and the people making these predictions are simply looking at the historical behavior of bitcoin. If so, then yes, bitcoin is due for a bubble bull run in To me, the more important aspect for continued bitcoin adoption and longevity will be the low on the other side of the next bubble. The lows have always been higher than the previous lows, generally by 10x.
Most people cannot afford a whole BTC at this point. Pay 1 million? I hear this a lot, and it makes no sense to me. Why do you need to buy BTC in full units? This site uses Akismet to reduce spam. Learn how your comment data is processed. CoinSutra was started in with the mission to educate the world about Bitcoin and Blockchain applications.
Any guesses? Tyler Winklevoss Winklevoss twins, recently in February , said that Bitcoin is a highly undervalued and can be 40 times as much as its present value. Harsh Agrawal.
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