I have conducted a one week poll on Bitcoin price prediction for the end of September, 2017. Out of 487 votes the result came in as follows:
Link: https://twitter.com/JStuhlman/status/901062999603113985
These results did not come as a surprise at all. If I could have voted myself I would also be in the $5000 to $7500 range as well for the end of September, as that goes along with my firm belief that Bitcoin should hit $10,000 by the end of 2017.
Many of the experts predict a rollback to the $2500 - $3500 range. Although we have seen such drastic rollbacks before with Bitcoin volatility, I am however seeing a much stronger growth with bitcoin vs other years that would stop or limit such a severe price drop.
Other experts I spoke with predict a $13000 to $15000 by the end of 2017, that in my opinion is a bit of an excessive prediction, but might not be out of the woods yet. There is a good reason to believe if bitcoin manages to pull a $10000 price before the end of 2017, it will create a FOMO (Fear of missing out) reaction on the market and price might quickly climb to that range.
Whether Bitcoin hits $10000 or not in 2017 is not a big issue, by now everyone knows it's going to happen eventually, and knowing is as good as it is happening. You can see this well represented in Bitcoin futures. As Bitcoin inflation vs demand has seen a tipping point this past year, this will increase over time, and the famous predictions of a million dollar bitcoin are starting to move from the realm of dreams to the realm of reality.
The question is come next August, what would my poll look like? the one year bitcoin chart below makes me wonder.
To the MOON !
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This post received a 2% upvote from @randowhale thanks to @spacehd! For more information, click here!
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$6342
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Mmmh maybe, i say 7200 USD !!!!
The hadge Found are going to twon!
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I think it will rollback. Can see how it's been cooling down around this 4500-5000 range.
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Rollback is when I like to buy :)
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Nothing wrong with that!
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This post received a 1.5% upvote from @randowhale thanks to @bitdollar! For more information, click here!
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I hope it continues to rise made quite abit so far, only invested in july and i have seen my investment double which is great for trader and consumer confidence!
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I know all these predictions seems crazy now but by comparing crypto users with Facebook users you'll realize this is only the very beginning!
Plus, there's three billion people without Internet and bank accounts that Facebook can't target but Crypto can. The future is bright my friend!
Why I'm so bullish:
https://steemit.com/bitcoin/@cryptoeagle/cryptocurrency-wallet-users-vs-facebook-users-where-are-we-now-making-the-case-for-the-million-dollar-coin
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I like your thinking :)
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I like your optimism. The only thing is Facebook doesn't require you to part with your money in order to get involved. Investing in cryptos does. A lot of people either don't have the spare money or they are skeptical.
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True, still, all we need is 1% or 2% of Facebook users ;) regards
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I think BTC going to 5000$, may be tomorrow?It great opportunity don't lose it, on bitmex you can trade bitcoin contract features a high leverage of up to 100x.Users who have signed up with my affiliate link will receive a 10% fee discount, -0.025% (Maker) 0.075% (Taker).
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It simple, try it now!
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Right. I think its too
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How about steem.?
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Nice analysis. Thanks for sharing!
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Always coming through with great posts!
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nice thank you
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Maybe your prediction become true. Because it is really profitable. Predict something good about ethereum😁😀
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Man o man its hard sometimes trying to sift through the FUD. I have come to the conclusion that whatever someone wants to look for, they will find. There is enough relatively good sounding information to make reasonable arguments for both sides, pending where and what you look for...
IMO I think that the 5000 - 7500 mark is what we are looking at. I mean were so close already :) This is such exciting time and I cant wait to see whats more to come :D
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Such a helpfull post ...thanks
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Sky is the limit! Thanks for sharing.
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good post
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I'd say $10,000 this year. My Prediction. Wish I owned more .... up-Voted and Followed.
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#bitcoin #btc #btcusd $btc $btcusd #segwit #segwit2x #blockchain
Disclaimer: I am just a bot trying to be helpful.
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6500
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I agree with you
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Thanks for the info!
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I'm gonna go with $6,000. Pretty safe bet huh?
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the upward trend. but it is outside the overbought chart
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thanks for sharing this post!
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Nice.
Amazing.
@abupaai.lachy
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many have guessed it right it's slowly and steadily reaching there almost there now !!!
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Is the current price the best to buy bitcoin?
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When it comes to commodities/stocks/cryptocurrency, the best time is always the present. Just figure out how much you can risk holding for a long time and pull the trigger.
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Great analysis @joseph! makes us think to divert some cryptos temporarily.
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I agree with you. I would call bitcoin "bullish-ly unpredictable" -- a foundation for world changes in how people will spend & save money, and how banks will finally figure out how f___ed up they've become. Thanks for posting this -- I also followed you on Twitter.
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thanks for share.
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if it's really that way, it's incredible, hopefully it will be like this and accompany all those who are investing in this market so that it will be fruitful for all.
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The amazing quality about Bitcoin is basically can be seen as an element worth more than Gold as everyone knows with Gold price does fluctuate but like a rear resource supply and demond baby. Unlike Gold we all know how much Bitcoin there is.
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$3600
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Interesting article of his
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