The current behaviors and price fluctuations of Bitcoin makes one (me in particular) to wonder if the different bitcoin price predictions made by some experts are still within sights. I would like to point out the key bitcoin predictions made by popular bitcoin "experts". I guess many can always have it in mind just like I do and leave to decide if these predictions might turn to reality.
Image Source
1. John McAfee
A bitcoin "expert" and founder of the McAfee antivirus software. His first prediction of bitcoin to hit $5,000 by the end of 2017 was well surpassed. Also, he made a prediction of Bitcoin to reach $500,000 by the end of 2020 by later came back change his prediction to one million dollars ($1m) according to this tweet.
When I predicted bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much quicker than my model assumptions and now I predict bitcoin at $1 million by the end of 2020.
2. Tom Lee
Tom is head of research at Fundstat Global Advisors. During an interview on the 28 of August 2018, Tom Lee said that Bitcoin will end the year exclusively higher, with $25,000 being the year end price. This statement is said to be the reason for the $200 increase of BTC within 35 minutes of the statement.
3. Finder
Finder has drafted opinions from thirteen (13) Cryptocurrency experts and came out with the conclusion that Bitcoin will experience a 300% increase in price that will it be at $43,000 in December 2018.
My Affiliate Links
Use minnowbooster services to grow on steemit. Services include vote selling/buying, steempower leasing/delegating and a lot more. Check it here
Join this steemit community with over 18,000 members to get upvotes:
Join hereRegister and trade your cryptocurrencies with Binance, the fastest growing and best exchange:
Register hereSeven (7) Cryptocurrency faucets to earn Cryptocurrencies Coinpot faucets
Get Yensesa tokens and stake them for upvotes on steemit. Join the Yensesa discord server for more details. Yensesa is also a Steem witness
Defended (3.33%)
Summoned by @ajongcrypto
Sneaky Ninja supports @youarehope and @tarc with a percentage of all bids.
Everything You Need To Know About Sneaky Ninja
woosh
hi @ajongcrypto
I honestly don't think any of those predictions took into consideration that regulators will be working so slowly and that by the end of this year investors will still be unaware which ICOs are complying with the law and which are not.
ps. I wanted to ask you a question. You mind telling me what's your view on latest HF20 introduced on steemit? Did it affect you in any way?
Yours
Piotr
i guess you are right!
I had made a comment about this on your post even before you made this comment. Please, do check!
sorry @ajongcrypto :) Im reading so many posts and comments and it's sometimes difficult to remember "who wrote what" :)
cheers, Piotr
Alright, my friend!
Posted using Partiko Android