Inferno Poll: what will BTC price be at the end of the year?
Back at the end of 2017, the predictions were outlandish. $50,000, $100,000, $1 million BTC by the end of 2018.
Even when the bear market was well under way, we still saw plenty of predictions for an ATH (all-time high) for bitcoin before the year was out, if not higher – though the six-figure forecasts started to disappear.
At the end of June, BitMEX CEO Arthur Hayes was still publicly standing by his $50,000 prediction for the end of the year. Around the same time Tom Lee, co-founder and head of research at Fundstrat Global Advisors – someone with some track record of success in these matters – reiterated his earlier claim that bitcoin would end the year at $25,000. And in June Tim Draper, who famously purchased a large tranche of bitcoins from the FBI’s raid on the Silk Road during the last bear market in 2014, said he too expected $25,000 by the end of the year – and $250,000 by 2022.
If there’s one thing we’ve learned about crypto, it’s that the picture can change in an instant. As the year wears on, however, those predictions of $25,000 are looking less and less likely. (Admittedly, some were predicated on the SEC approving one or more bitcoin ETFs in the near future, and America’s regulators haven’t exactly been racing to make that happen.) But the question remains: What will one bitcoin be worth when midnight on 31 December 2018 rolls around?
With a little over a hundred days to go, we thought we’d hold a poll of our own.
How much do you think BTC will be worth at the end of the year?
<$3,000
$3,000–$5,000
$5,000–$6,000
$6,000–$7,000
$7,000–$8,000
$8,000–$10,000
$10,000–$12,000
$12,000–$15,000
$15,000–$20,000
Above the ATH
To cast your vote, please use this Google Form. We’ll keep the poll open for a week, after which we will publish the results and the insights we gain from it. Thank you for your participation!
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12000 to 15000
https://steemit.com/bitcoin/@roniislam45/what-is-bitcoin-mining-and-how-is-it-work-work-c7be8fdf63939
Even when the beer market was going well, we had seen a lot of predictions for a bitcoin before (EAT) for the year (all-time high), if not higher, can not believe that the six images will disappear.
Even when the beer market was going well, we had seen a lot of predictions for a bitcoin before (EAT) for the year (all-time high), if not higher, can not believe that the six images will disappear.
Tell me more about this beer market!
I did not know what you wanted to do
$12345.67
6k-7k I think the global economy will start to slow down and this will affect bitcoin adversely. I'm not planning on a major fluctuation, but I do anticipate the bear market to continue. I believe that it won't be until Q2-Q3 next year before we start to see a considerable rise and a return to the bull market. Hope I'm wrong though and it comes sooner.
We have constant selling pressure from miners and a bear market. Optimistically, I'd say 10k by year's end, 7-8k is more likely.
maybe $8,000–$10,000
don't panic, hodl
5-6K. I suspect the next run up will be when they solve the problems that brought it down in the first place. Maybe by the end of 2020.
HELLO TO ALL, THE BICOINT IS THE NEW TREND AND VIRTUAL CURRENCY THAT WE'LL HAVE IN A FUTURE. IT SEEMS GREAT THE IDEA OF THE CREATOR OF THESE CRYPTONS.
First, the market is doomed and this is clear. There is a class of senior officials who rule the electronic market and know very well what will happen at the end of 2018 and the entry of 2019. In my opinion, we will see a rise in the price of formation above the level of signatures, and in 2019 will be a decisive position. Because the current market is witnessing a decline in prices, because of the rulers of the leaders in the purchase and storage of all currencies that deteriorated its market, and then sell after a year .........
Thanks for giving us this valuable information, it's not easy to communicate information to the community, and it's not easy to access these ideas, thank you again for this noble effort, and I'm here with you to support you and do not forget your support for me.
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