Bitcoin September Price Poll Results and Predictions

in #bitcoin7 years ago

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:

screenshot-twitter.com-2017-09-01-14-03-13.png

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.

screenshot-bitcoinwisdom.com-2017-09-01-14-40-48.png

Sort:  

To the MOON !

This post received a 2% upvote from @randowhale thanks to @spacehd! For more information, click here!

$6342

Mmmh maybe, i say 7200 USD !!!!

The hadge Found are going to twon!

I think it will rollback. Can see how it's been cooling down around this 4500-5000 range.

Rollback is when I like to buy :)

Nothing wrong with that!

This post received a 1.5% upvote from @randowhale thanks to @bitdollar! For more information, click here!

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!

It looks like the majority of your poll voters may be correct. We just need to get past $5,000 again.


http://www.FlippyCoin.com is the #1 Cryptocurrency Exchange!

Hopefully!

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!

Facebook vs Crypto.png

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

I like your thinking :)

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.

True, still, all we need is 1% or 2% of Facebook users ;) regards


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).
https://www.bitmex.com/register/HJfZyC
It simple, try it now!

Right. I think its too

How about steem.?

Nice analysis. Thanks for sharing!

Always coming through with great posts!