Post
Topic
Board Speculation
Re: When Bitcoin 100 000?
by
reflector
on 26/09/2018, 23:11:19 UTC
It's not prediction it's only statistics for last years. Every bull market bitcoin grow approximently 16x

2011 year : (1$-30$)
2013 year: (100$ - 1149$)
2017 year : (1000$ - 20000$)

Last bull market was ended in january and on the statistic bull market continues approximently  one year. Bearish maret on the statistic continues approximently 10 mounth and if look on past periods, next bull market begin in october - december 2018. Therefore based on past years  can to make computation next price bitcoin:
2020 year6500$ x 16 = 104 000$ ?

Guys it's only statics as per past years, don't accept this how accurate prediction  future.
This statistics are totally wrong because we must calculate the maximum supply of Bitcoin then only we will predict the future possibilities of Bitcoin. Already more than 70 percentage of the Bitcoin was mined. so we will predict demand and supply of Bitcoin but this period is really hard says how to survive in the future journey so better we should wait and see the future result is good for everyone.