Bitcoin Going to 3400 USD? Predictions of 2000 and 2400 were right.

in #bitcoin7 years ago (edited)

My blog (not here on Steemit, but the one from signature) got popular because i had good predictions of altcoins to buy. I was doing monthly reports and had nice success rates.

The blog still gets 1 post a month and mailing with extra hidden infos for subscribers but Steemit is my daily blogging spot.

So on Steem i have first predicted 1000 USD due to India news.

And then
2000

2400 -

Now based on similar observations i can see 3000USD+ range in next days.

Korea and India Trading at 3k

GBTC Asset at 4462 USD


Its a Bitcoin Investment Trust which shares you exchange by 0.093063 so the 318USD per share ends up with whole 1 BTC trading at 4462 USD.

Of course do no treat this as trading advice, nobody can be right 100% times, only time will tell if this works out like before or not.

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If we get to this big chinese exchange, price of STEEM will skyrocket probably.

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

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I completely agree I think retraces are healthy. I can't wait to watch BTC try to break through its resistance now!

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Vote on this guys

This train is going to keep rolling to $10k BTC, then there will be a correction as everyone looks at everyone and wonders how things got so batshit crazy... then institutional money will hit and next stop is $100k by end of 2018. You read it here first. :D

$10k BTC - It sound crazy now...but not when BTC is $100k....I guess it's all relative...but still crazy!

A couple months ago i bet with a friend of mine that BTC will hit 10k by the end of the year. He chuckled, nowadays he says he would never bet against me again !

Based on previous bitcoin bulls, I think it will hit at $5000 more

The fractal proportion is very more biggest, about 10 times more.

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Hey steemitboard. Can you do a badge for hitting the top of trending? Maybe incorporating the number of times you've achieved it?
1 for me so far :)

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$8500..??If we have a monetary system reset in 2018 then all bets are on...

that is the material point, however, the swift system can be taken down by a grid down event. The cryptos can survive that.

UGH Swift...I had to do a bank transfer last year through swift and they interrogated me like I was a terrorist and then charged me $50 to send $400. The banks so need to collapse.

amen to that.

bitcoin is probably going to $10k and I think it may go well beyond.. Ethereum may also follow on it's heels..monero, dash, zcash all flying.. even tiny coins like verge are rocketing!! the crypto world is just exploding at the moment ! it's like watching fireworks
my tip for investors is buy some well researched 0.0002 value coins.. that's where there's room for making money as when Joe public gets involved, he'll be wanting the cheap stuff !! and lots of it

You're completely delusional and don't understand what a pump & dump is.

I never imagined BTC would get to $2000 so fast or ETH to $200. More and more it's looking like we're in the early phases of a bubble akin to the 1999 dot-com bubble. So I would not be at all surprised to see $3000 by the end of the month, and the Korea / India action looks like a good leading indicator. I wonder if anyone has tried arbitraging those markets? It must be difficult to do or the large price gap wouldn't exist.

Here's hoping your latest prediction is right on the money!

The SEC in the US is reviewing the ETF for bitcoin. This time it will most likely be accepted. Then, full bore market rigging on bitcoin. Wall Street will be able to naked short bitcoin without any bitcoin actually being within their personal possession.

When the ETF passes, that will be the worst day for bitcoin. :(

People are waking up to how corrupt the debt markets are. They will gravitate to just owning the bitcoin outright instead of taking on unneeded counterparty risk.

I haven't heard of naked shorting before. Can you go into a little more detail please?
I've been looking forward to an ETF approval, hoping I can move some of my superannuation (Australian mandatory retirement savings) into bitcoin.
This is the first I've heard of a potential downside.

I'd recommend a bit of reading on silver/gold price manipulation. Zero price discovery. ETF would be the beginning of the end for freemarket BTC pricing. Unless... we the people can grow the market cap so big the banksters can't corner it. Battle of the titans!

Sorry, I forgot to provide another link with regards to short selling. This is from Fidelity:

https://www.fidelity.com/learning-center/investment-products/etf/selling-short-etfs

However, short selling in the ETF marketplace is a large part of ETF trading volume, .....

I'm across regular short selling. (Shorting bitcoin would be stupid), but how theoretically would a naked short of a bitcoin ETF look?

Hi @mattclarke
I'm not a trader on Wall Street but I understand the logic behind it. What I would do is 'short' a massive amount of theoretical bitcoin knowing it would cause a panic and price drop in the REAL bitcoin market. Then, I could enter into the market (or another firm I've buddied with) and BTFD. The price would eventually correct (probably upwards) and bingo! Mass profit.

Here is a quote from another link (sorry to share links but better than you taking my word for it):

The most outspoken critics of naked shorting say it remains a rampant practice among a group of nefarious short-sellers and brokers.

https://www.thestreet.com/story/10292209/1/ask-thestreet-naked-shorts.html

I like bitcoin the way it is. No market rigging games (except for perhaps some exchanges). You can only sell or buy bitcoin that actually exists. It's called the free market.

But shorting is still a contract. (to provide n of A on a given date, in exchange for n of B right now) Who's the other party?
Or is that where the 'naked' bit comes in?

Basically, it allows an entity to sell a security (i.e bitcoin) without actually owning it directly. Best way to describe it to you is provide you a link:

http://www.investopedia.com/articles/optioninvestor/09/naked-short-selling.asp

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We all hope your rights amigo
Followed and upvoted

This is incredible we are going to be rich $$$$$$

I'm more of silver and gold guy, but I so wish I had bought bitcoin a few years ago.. so you think Steem could have similar moves higher in the future?

You're a PM guy who didn't buy BTC but you're using Steemit. That's all the due diligence you need to answer your question. I did buy BTC a few years ago and I'm way more excited about the wealth that will be generated by STEEM/BTS/EOS than I was/am about BTC.

Awesome! Yea I see Steemit as the next big thing. It will be tough on Facebook and Twitter when masses join Steemit

Of course it can. It has the potential to make an even bigger move from where we are right now, IMO.

It all comes down to the value of the tech/ service that it provides. Just based on Steemit alone, if it grows to become a true competitor of Facebook and the other "big boys", then Steem's market cap will have to multiply MANY times from where it is, as in hundreds of times!

Awesome! I hope it does.. this is a really cool concept

What do predict for steem?

Great post and thanks for sharing such great news!!!! I already planned on buying more steem and ethereum. Great Post and fingers crossed

nice...rs and upvote for you...

As usual resteemed/upped
resteem.jpeg

I think that now will go at least to 50 000 $

This

We are hoping you are right!

well sad to say i was pretty sure there was going to be a pullback wich i was waiting to get in bitcoin, looks like GBTC went up 80 % the last 2 days,, si im pretty bad at me i getting in now hope it still has rooom to gom i saw like 10 000 this year, and 100 000 till 2026, and maybe 1 000 000 some day,, so im taking a small position people, and give a lesson to those banker manipulators

I never thought Bitcoin would be where it is today. I've been following Bitcoin for several years but never bought in - now wishing I had bought some early on. Any suggestions on where/how to buy the lesser known crytocurrencies?

Stocks, housing, bond bubble will pop. Pushing crypto to new highs

hahahah $3000? $4000 eventhe WEB bot knows it will be over $40,000 by SUMMER!
$100,000 by december!
$1 million dollar bitcoinby 2020 I made this Song "Bitcoin is going to 1 million dollars" and put some GIFs with it! like it?


And here is me yelling out of my car last night telling everyone bitcoon is going to 1 millon and to singup on steemit.com to make money posting on socia media like they already do!

Let´s go Steem! Everyone come over to twitter and vote!

This rise doesn't longer impress me somehow :O

Bitcoin to be reached at $5000 to regain its lost dominance.

But, in Korea, it's said that the coin market is a big bubble and will crash down soon. And it shows too big premium on prices comparing with other countries' market. Need to be careful!

I voted steem days ago but bought ETC a couple days ago because it will be the obvious winner. Ah well...just hang on to your Bitcoins. Clif High says $13000 USD Bitcoin by February 2018.

Smart played ;)

Fast growing

If money keeps pooring into the crypto market and all profits are stored in BTC (the digital gold), I think a conservitive number is $10k by year end. Don't see a correction any time soon.

Wait for 1 million $ for BTC)
Isnt it?

Steem is really making headway there now, I'm really surprised! When I voted, it was last I think and now it's doing better than when you made that screenshot!

Do not think you missed the chance to buy bitcoins. There are many cryptocurrencies that are promising. The top cryptocurrencies to invest in, are Ethereum 210$, litecoin 35$, Steem 1$, and Dash 140$.

Good call on those predictions, man!

There is a high chance for a price correction and another surge after January

it was 2800. now it is 2468 and going.

Nice work. Can you tell me your opinion on my prediction Bitcoin price ?
https://steemit.com/bitcoin/@zizelevak/forecast-bitcoin-usd-6300-usd-7000

I think there are too many moving parts to make accurate predictions of the direction of cryptos. I really think what we are seeing is the slow but steady breakdown of all fiat monetary systems trying to find their true value (zero). With so much automation around the corner, the gold and silver markets kinda fucked up IMO, and the politics of the world being what they are right now, the amount of chaos built into all of our systems (especially monetary) makes it increadibly hard to make an accurate prediction of where things are headed.

All that being said, I think you might be right. I think the inverse is true though. Its not that BTC is moving up per se, but that fiat is moving down as more and more people realize it's not going to be a stable store of value in the long run, and it's easier to hide crypto transactions from the prying eyes of whatever government you suffer under.

Falling now!

I hope it will be one million dollars very soon as CEO of XAPO said : https://steemit.com/bitcoin/@clixmoney/1-bitcoin-will-cost-more-than-1-million-usd