Oct 13th: Predicting BTS Price At 2.0 "LIFTOFF"

[Ander]

I believe the possibility to see a rally similar to the one that moved btc from $20 to $260 is high

Or the one from $2 to $260

[chryspano]

I believe the possibility to see a rally similar to the one that moved btc from $20 to $260 is high

Mostly we need a "reliable" bitshares 2.0 working with no problems, this alone can push us to the moon and beyond.




If we can't have a stable working bitshares 2.0 then we will probably stay at 15M-30M. 

[EstefanTT]

... and 7748 for me muah ha ha ha   

[Ander]

7750 sats. I have to stick with it. 

Then I must dump at 7749! Haha! 

[Tuck Fheman]

7750 sats. I have to stick with it. 

[luckybit]

Probably not much higher than 1 cent. I do think we can reach 1 cent but I'm not sure it can be maintained.

There just isn't a lot of money coming into crypto. Even Bitcoin is seeing everyone cashing out of it and until the next Bitcoin bubble there might not be a flood of money going into altcoins.

That isn't to say Bitshares isn't going to go up, but it will probably happen very slowly, a slow grind rather than a steep liftoff. It could take over a year to get to 08 cent in these markets and that is with steady growth.

On the other hand you never know when the next Bitcoin bubble could be. If there is another bubble then the price could reach 50 cents or even a dollar.  My guess is there will not be a bubble in 2015 and that the entire crypto market will continue to see price declines just like we saw in 2014. I would think of course there will be a spike in the price which may last for a few months but to sustain it would require the marketing campaign be a major success and specifically not on the American side but in China and other countries. I think Americans have run out of money for crypto at this time due to the fact that mining is so centralized now that the profits are also centralized which means less miners who can trade.

[TanFan]

Actually I am not interested in "fantasizing" about the price... I'm just curious as to what this informed Community anticipates that the "market forces" will do to the price.  Seems to me that 2.0 represents such a turning point in terms of the actual attainment of a mega target.  To me, accomplishing that is a "game changer" and changes how BTS will be viewed and who buys it.  Other announcements provide exciting potential for the future but the release of 2.0 changes everything instantly.

Perhaps my target price is way overly optimistic.  However, I didn't write the post to be a cheerleader or pump up anything but rather to get a sense of what the community thinks.  A couple responses opened my eyes to some things I had not considered.  STILL, I believe that speculators will start to be out numbered by prudent investors and users that will recognize BTS as the best technology with the brightest future.  When that happens, yes, I think the market cap makes a MAJOR move higher.

[CLains]

70 million, then fall down to 35 - steady around 25-30 for a few moths after that, depending on BTC and progress.

[Ander]

Too much fantasizing about the future price right now it seems.

I've seen both sides -- conservative-minded folks saying the price will probably top out at $15 million, and dreamers looking forward to $150 million. Logic would therefore dictate the correct answer is -- $70 million.

 

By this logic, if I dream that bitshares will reach 10 billion dollars, does that mean that logic would dictate the correct answer is an average at 5 billion?

I dont think thats how it works.

[nomoreheroes7]

Too much fantasizing about the future price right now it seems.

I've seen both sides -- conservative-minded folks saying the price will probably top out at $15 million, and dreamers looking forward to $150 million. Logic would therefore dictate the correct answer is -- $70 million.

 

[Ander]

Too much fantasizing about the future price right now it seems.

[mf-tzo]

I think that by Oct 13th we should see a market cap of $40 mil at least but due to less investments in crypto $25 - $30 mil maybe more realistic.

I think that by end of H1 2016 when FED will still have kept zero rates, ECB QEs, bitcoin has solved its identity crisis, BTS referals and utilities work as charm and people realize what a messed up world we live and more money come into crypto BTS will have a market cap of at least $200 mil

[lil_jay890]

I highly doubt it will be over it's all time high anytime in the next 6 months for a couple reasons.

1.  There is a lot less money and a lot more projects in the crypto world than  this time last year.  The pie has shrunk and BTSX was probably pumped  to that high to generate interest by a few, I'm guessing chinese, investors.   China is gone now, so the pump won't be that high.

2.  Ever heard of "buy the rumor, sell the fact"?  People are buying to rumor now, will they continue and "buy the fact".

3.  Play, Identabit, Lotto, Muse, and especially Vote are nowhere near completion.  A lot can change and I'm guessing half those projects will fizzle or not see the light of day.  See Sparkle.

The biggest thing we have going for us is OpenLedger.  That's what will bring the most money in.  You can already see how the announcement brought 100k worth of investments into BTS through CCEDK.  This was done via BTS/USD, not BTS/BTC, which indicates new dollars flowing into our ecosystem.

Also remember the supply of BTS has increased from BTSX.  The merger created 500 million more shares and these are continually vesting and causing downward pressure.

My guess is we hit 25million market cap 1 month after launch.  We hold around there for the rest of the year.

[tonyk]

I will have the same, as the OP-er, please.

[JA]

damn son
dont need porn, i can just read your stuff 

but yea i'm not that optimistic maybe 0.03$  at the start. after that it all depends on how smoooth erveything works.

abd this thread will probably be moved